What are the essential components of corporate strategy and how are they related?

Question

Quizplus · Accepted Answer

The Answer is The essential components of corporate strategy are mission,objectives,strategy,goals,and programs.A hierarchical model is presented in the chapter where mission resides at the tip of a pyramid,objectives that more formally define the mission support it,and strategy,goals,and programs underlie the objectives.These strategic elements must align with each other in order for an organization to be successful long term.

What Are the Essential Components of Corporate Strategy and How