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.