Which of the following outlines how an organization intends to meet its mission statement goals and includes the firm's responsiveness to new challenges and needs?
A) Goal setting
B) Controlling
C) Strategy
D) Tactics
E) Research and development

Question

Quizplus · Accepted Answer

Strategy outlines how an organization intends to meet its mission statement goals and includes the firm's responsiveness to new challenges and needs. Goal setting refers to the process of identifying specific objectives that a firm aims to achieve, controlling refers to the monitoring and adjustment of processes and activities to ensure they align with the established goals, tactics refer to the specific actions taken to achieve a goal, and research and development refers to the creation of new products or the enhancement of existing ones. Therefore, strategy is the best choice.

Which of the Following Outlines How an Organization Intends to Meet