How does strategic planning benefit companies?
What will be an ideal response?
Strategic planning sets the stage for all other planning in the firm. The strategic plan involves adapting the firm to take advantage of opportunities in its constantly changing environment.
You might also like to view...
The desired corporate image is one that:
A) coincides with the majority of companies within the industry B) highlights the quality of products being sold by the company C) is consistent with the views of management of each company D) sends a clear message about the unique nature of an organization and its products
In a Pareto chart, ______.
A. the height of an individual bar represents how often a particular problem has occurred B. the taller the bar the less significant the problem C. the color of an individual bar represents how often a particular problem has occurred D. it is easy to spot the correlation between two variables
What is the inconsistency called that creates discomfort that leads us to alter our attitudes, beliefs, or behaviors in order to restore harmony?
a. Cognitive appraisal b. Congruous thoughts c. Cognitive dissonance d. Self-awareness
The Environmental Protection Agency sets maximum levels for pollutants in public water systems
Indicate whether the statement is true or false