Question

In: Finance

1-________ is a perception of marketplace needs and the methods an organization can use to satisfy...

1-________ is a perception of marketplace needs and the methods an organization can use to satisfy them.

Group of answer choices

A-The organizing function

B-Vision

C-Strategic Management

D-Strategic Planning

2-In a traditional performance review, an employee's review is conducted by ________.

Group of answer choices

A-the firm's CEO

B-customers

C-his or her supervisor

D-his or her co-workers

3-Once a manager has determined the problem or opportunity, the next step in the decision-making process is to _____.

Group of answer choices

A-create a contingency plan

B-recognize the strengths

C-identify the threats

D-develop possible courses of action

4- Tactical planning guides the current and near-term activities required to implement company-wide strategies.

Group of answer choices

True

False

Expert Solution

Q1: Ans: Option B: Because Vision statement is the perception of market places, action needed and that can be achied by well planned methods.The company prepares strategies to meet its needs from the market, its mission also lies on it.

Q2: Ans:Option:C : In traditional performance appraisal review, employees' review is conducted mostly by his/ her immediate superviser. It is very known that in traditionally emplyee's immediate superviser is logical person to review employees performance quality in the organisation.

Q3: Ans: Option:D: Once the manager has determined the problems and opportunities for firm , the very next step is to arrange necessary course of action.The company make necessary course of action plan after screening the business environment. Genarally after SWOT analysis of firm.It is generally what to do next after knowing the possibilities.

Q4 Ans: Option:A( True): Tactical planning includes to perform current and near term activities what is decided by firm as per the implementation strategies.Tactical strategies are everyday moves of firm to increase its share value or market value.

jeff jeffy answered 1 year ago

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1-________ is a perception of marketplace needs and the methods an organization can use to satisfy...

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