------- can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives.

Related MCQs

• Large-scale, future-oriented plans, for interacting with the competitive environment to achieve company objectives refers to its
• SBU (strategic business unit) is a unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting.
• ---------- can also be defined as “a general direction set for the company and its various components to achieve a desired state in the future.
• Which of the following resources is used by all organizations to achieve desired objectives?
• “Identifying and evaluating key social, political, economic, technological and competitive trends and events”. Which of the followings best describes this statement?
• ----------- is a participative, systematic approach to planning and implementing a constant organizational improvement process.
• Which of the following defines how each individual business unit will attempt to achieve its mission?
• A firm successfully implementing a differentiation strategy would expect:
• When implementing a focus strategy, the firm seeks:
• In , the company can develop new products that are technologically unrelated to its current product line and still can appeal to its current customers.