Multiple Choice
Top management is responsible for developing long-term____________ that make clear how the company will serve customers and position itself against competitors in the next two to five years.
A) standing plans
B) tactical plans
C) operational plans
D) strategic plans
E) mission statements
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The _ approach to decision making is
Q4: To make completely rational decisions, managers would
Q5: Managers can monitor_ to track progress toward
Q6: _ occurs when managers choose an alternative
Q7: Tactical plans specify how a company will
Q8: _can help organizations to maintain flexibility as
Q9: Which of the following is the most
Q10: The first step in rational decision making
Q11: One method of weighting decision criteria uses_,
Q25: S.M.A.R.T. goals are Specific, Meaningful, Active, Reachable,