The plan of action that prescribes resource allocation and other interrelated activities for dealing with the environment and helping the organization attain its goals is known as a(n) _____.
A) goal
B) objective
C) mission
D) vision
E) strategy

Question

Quizplus · Accepted Answer

A strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives. It is a plan of action that prescribes resource allocation and other interrelated activities for dealing with the environment and helping the organization attain its goals. Goals, objectives, mission, and vision are components of the strategic planning process.

The Plan of Action That Prescribes Resource Allocation and Other