It refers to formal and informal rules, regulations and procedures that complement the company structure

Related MCQs

• Systems are formal and informal rules and regulations that complement the company ………..
• Formal systems are adopted to bring & amalgamation of decentralized units into product groups.
• Large-scale, future-oriented plans, for interacting with the competitive environment to achieve company objectives refers to its
• The most complex structure of Strategic organisation is:
• Product differentiation refers to the:
• The economic environment refers to:
• Strategic management involves the , directing, and controlling of a company’s strategy-related decisions and actions.
• ---------- can also be defined as “a general direction set for the company and its various components to achieve a desired state in the future.
• Elements in a company’s external environment that allow to formulate and implement strategies to increase profitability.
• It is designed to monitor a broad range of events inside and outside the company that are likely to threaten a firm’s strategy