Asked by Cesar Garcia on Sep 26, 2024
Which of these refers to a general explanation of how the organization's mission is to be accomplished?
A) Niche
B) Mission statement
C) Grand strategy
D) Stakeholder audit
E) Capability profile
Grand Strategy
A comprehensive, long-term plan of essential actions by which an organization seeks to achieve its major objectives.
Mission Statement
A concise declaration describing the aspirations and ethics of an enterprise, organization, or person.
General Explanation
A broad description or clarification that applies to a wide range of phenomena or situations, often used to simplify complex concepts.
- Understand the process of strategic management and its beginning phases.
Learning Objectives
- Understand the process of strategic management and its beginning phases.
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