Since most well-run firms utilize a hierarchy of goals to guide major decisions,________ is especially important to managers at every level to prevent departments from working at cross-purposes.
A)strategic planning
B)financial auditing
C)employee testing
D)employee benchmarking

Question

Quizplus · Accepted Answer

A) Successful firms use a hierarchy of goals that are established at the top and trickle downward.Such a system enables the strategic plans of a firm to be made clear to each manager and employee.Strategic planning helps guide managers to make decisions in hiring,training,financing,and inventory that benefit the goals of the firm.

Since Most Well-Run Firms Utilize a Hierarchy of Goals to Guide