The top management of Tasty Foods, a food distribution company, has set strategic goals of increasing organizational market share and also decreasing corporate costs over the next three years. Greg, a division manager for Tasty Foods, has looked at his resources, and he has decided how his division can contribute to the two strategic goals set by upper management: (1) by partnering with another company and (2) by hiring a procurement manager to negotiate lower prices from vendors. Greg's next step is to roll out his ____ to his staff.
A. vision statements
B. management guidelines
C. codes of ethics
D. tactical goals
E. operational goals
D. tactical goals
Tactical goals are set by and for middle managers and focus on the actions needed to achieve strategic goals.
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The dividend yield is measured as
a. Dividends per share of common stock/Market price per share of common stock b. Dividends per share of preferred stock/Market price per share of common stock c. Dividends per share of common stock × Market price per share of preferred stock d. Dividends per share of preferred stock × Market price per share of preferred stock
The business segmentation variable of ________ refers to customer desires such as service support, cutting-edge technology, or financing terms
A) demographics B) purchasing approaches C) customer operating characteristics D) personal characteristics E) benefits sought
A decrease in the fair value of a security that has not yet been realized through an actual sale of the security is called a(n):
A. Realizable loss. B. Contingent loss. C. Market loss. D. Capitalized loss. E. Unrealized loss.
Which of the following is true of hiring LCNs?
A. Employment of LCNs satisfies nationalistic demands for hiring locals. B. Rarely do organizations decide that hiring LCNs is appropriate. C. Companies incur relocation expenses and other substantial expenses when hiring LCNs. D. Companies need to be concerned about LCNs' being able to adapt to the local culture.