The managerial purpose of Strategic Management includes all of the following EXCEPT
A) converting the strategic vision into specific performance targets-results and outcomes the organization wants to achieve.
B) using the objectives as yardsticks for tracking the company's progress and performance.
C) challenging and helping stretch the organization to perform at its full potential and deliver the best possible results.
D) pushing company personnel to be more inventive and to exhibit more urgency in improving the company's financial performance and business position.
E) delineating management's aspirations for the business and providing a panoramic view of "where we are going."
Correct Answer:
Verified
Q21: An engaging and convincing strategic vision
A) ought
Q22: A sound, well-communicated strategic vision matters, and
Q24: Which of the following is NOT a
Q24: The benefit of a vivid, engaging, and
Q25: Which of the following is NOT the
Q25: The managerial task of effectively conveying the
Q27: A company's mission statement does NOT
A) identify
Q28: Which of the following ARE common shortcomings
Q31: A company needs financial objectives
A)to overtake key
Q37: Perhaps the most important benefit of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents