The purpose of an organisation's strategy is to:
A) communicate the CEO's long-term plans to the organisation members.
B) provide shareholders with an understanding of how their investment is being used.
C) maintain a competitive advantage by capitalising on strengths and minimising the weaknesses of an organisation.
D) anticipate and react to the future actions of the organisation's competitors.
Correct Answer:
Verified
Q3: This approach emphasises employee development, collaboration, participation,
Q4: The instrumental approach to HRM:
A) has been
Q5: When it comes to the adoption of
Q6: Which of the following HRM activities is
Q7: Which HRM activity is considered a basic
Q9: Johnson & Johnson and 3M, for example,
Q10: The process whereby managers establish an organisation's
Q11: The design of an organisation's structure and
Q12: An organisation's mission statement identifies:
A) why an
Q13: The aim of conducting a SWOT analysis
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