Multiple Choice
The relationship between a company's mission, goals, and objectives and its strategy is best described by which of the following statements?
A) Developing a company's strategy lays the groundwork for creating its mission, goals, and objectives.
B) The mission, goals, and objectives spell out the ends the company wants to achieve, and the strategy defines the means for reaching them.
C) Although managers must change a company's mission, goals, and objectives as competitive conditions change, they should avoid adjusting the company's strategy to prevent the company from losing its focus and momentum.
D) There is no real link between a company's mission, goals, and objectives and its strategy.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: _ are a unique set of capabilities
Q47: Threats are negative external forces that inhibit
Q48: A company that offers superior product quality,
Q52: The aggregation of factors that sets a
Q64: What is strategic management? What role does
Q69: The ideal strategic planning procedure for a
Q70: Your _ competitors offer the same products
Q72: A strategic plan serves as a blueprint
Q96: The most effective way to communicate the
Q128: The principle behind a _ strategy is