Top management is responsible for developing long-term____________ that make clear how the company will serve customers and position itself against competitors in the next two to five years.
A) standing plans
B) tactical plans
C) operational plans
D) strategic plans
E) mission statements
Correct Answer:
Verified
Q2: Management by objectives (MBO) is a management
Q3: _ occurs when managers choose an alternative
Q4: _can help organizations to maintain flexibility as
Q5: The first step in rational decision making
Q6: The _ approach to decision making is
Q7: Which of the following is the most
Q8: Tactical plans specify how a company will
Q9: Managers can monitor_ to track progress toward
Q10: One method of weighting decision criteria uses_,
Q12: To make completely rational decisions, managers would
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