Which of these is the process of identifying and selecting an organization's objectives and deciding how the organization will achieve those objectives?
A) Mission formulation
B) Planning
C) Value chain analysis
D) Strategy development

Question

Quizplus · Accepted Answer

Planning is the process of identifying and selecting an organization's objectives and deciding how the organization will achieve those objectives. Mission formulation is the process of creating a statement that defines the organizations purpose and primary objectives. Value chain analysis is the process of analyzing an organization's activities and identifying ways to create value. Strategy development is the process of determining how an organization will achieve its objectives based on its mission, vision, and values.

Which of These Is the Process of Identifying and Selecting