The main goal of the strategic planning process is to:
A. Write the mission statement to provide direction to the organization
B. Allocate resources to provide the organization with a competitive advantage
C. Form the foundation for the performance management process
D. None of the above
B
Business
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Which of the following is NOT an advantage of a virtual company?
A) speed B) total control over every aspect of the organization C) specialized management expertise D) low capital investment E) flexibility
Business
Which of the following is NOT descriptive of the "threat of new entrants"?
A) depends on the presence of entry barriers B) have a desire to gain market share C) depends on the reaction of existing competitors D) does not impact industry attractiveness E) brings new capacity and substantial resources
Business