With reference to the cascade approach,an organization's long-term objectives and strategies are formulated based on the:

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The cascade approach involves aligning an organization's long-term objectives and strategies with its mission statement. The mission statement reflects the organization's core purpose, values, and beliefs, and provides a framework for decision-making and goal-setting. Therefore, option C is the best choice. Option A refers to short-term performance objectives which may be relevant for the operational level, but not for long-term planning. Option B refers to divisional and departmental objectives which may be important for cascading goals and objectives, but not for formulating long-term strategies. Option D refers to human resource objectives which may be one of the components of an organization's long-term objectives, but not the sole basis for formulating strategies.

With Reference to the Cascade Approach,an Organization's Long-Term Objectives and Strategies