---------- can also be defined as “a general direction set for the company and its various components to achieve a desired state in the future.

Related MCQs

• Large-scale, future-oriented plans, for interacting with the competitive environment to achieve company objectives refers to its
• ------- can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives.
• Which of the following resources is used by all organizations to achieve desired objectives?
• In , the company can develop new products that are technologically unrelated to its current product line and still can appeal to its current customers.
• Changes in company ………. also necessitates changes in the systems in various degrees
• “A possible and desirable future state of an organization” is called:
• Which of the following defines how each individual business unit will attempt to achieve its mission?
• The various organizational routines and processes that determine how efficiently and effectively the organization transforms its inputs into outputs are called:
• ------------ strategy occupies the highest level of strategic decision making and covers actions dealing with the objective of the firm, acquisition and allocation of resources and coordination of strategies of various SBUs for optimal performance.
• Opportunities to achieve further growth within current businesses are: