MANAGEMENT

BUISENESS MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Companies follow their own unique strategy plans
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Answer and Explanation: The correct answer is c) Well defined missions make strategy development much easier. Option c) is the correct answer because the more precise the mission is for a business, the more precise is the plan related to how the business should move forward.

Detailed explanation-2: -Unique is defined as ‘of which there is only one, unequaled, having no like or equal. ‘ In many industries it is difficult to develop a unique strategy that is truly different from competitors as many of them basically sell the same type of products and services.

Detailed explanation-3: -Regardless of the size of the organization, every organization needs to be strategically managed so they can be successful in seeing visions come to pass and goals being met.

There is 1 question to complete.