Today's visionary organization uses three key elements: (1)specify its foundation; (2)set a direction; and (3)__________.
A)set financial goals
B)assign job responsibilities
C)formulate strategies
D)establish production parameters
E)establish detailed marketing tactics

Question

Quizplus · Accepted Answer

Formulating strategies is the next crucial step for a visionary organization after specifying its foundation and setting a direction. This involves developing a plan of action to achieve the organization's goals and objectives. The organization needs to determine what strategies it will pursue to accomplish its goals, including marketing, production, financial, and organizational strategies.

Today's Visionary Organization Uses Three Key Elements: (1)specify Its Foundation;