Strategic (management) planning is a managerial process of developing and maintaining a match between the resources of the production department and its product opportunities. 

Answer the following statement true (T) or false (F)


False

Strategic planning is the managerial process of developing and maintaining a match between an organization's resources and its market opportunities.

Business

You might also like to view...

Which of the following statements is correct?

a. Minimum (corridor) amortization of net unrecognized gain or loss is not allowed for postretirement benefit plans. b. Immediate recognition of gains and losses is allowed for postretirement benefit plans but not for pension plans. c. Immediate recognition of gains and losses is allowed for pension plans but not for postretirement benefit plans. d. Minimum (corridor) amortization of net unrecognized gain or loss is the only amortization method allowed for postretirement benefit plans.

Business

With regard to RFID in inventory management, which of the following is NOT a benefit of RFID?

a. It helps to effectively manage inventory. b. It helps to identify the location of specific goods. c. It helps to track goods lost in transit. d. It expedites inventory management.

Business

Which of the following is not an appropriate way to manage team writing?

A) Start by identifying the goals and the audience. B) Divide tasks equitably among team members. C) Plan a schedule for each part of the writing project. D) Before writing, figure out what research is needed. E) Use a data-dump to cover all research gathered.

Business

Of the project closeout management steps listed, the first is to:

A) Hand over the project. B) Finish the work. C) Gain acceptance for the product. D) Review how it all went.

Business