Closing the loop in the area of business strategy means that:

A) core competencies at the functional level feed back into the business strategy.
B) the mission statement is used to develop the business strategy.
C) the business strategy is translated into operations and supply chain actions.
D) other functional strategies, such as those of the marketing and finance functions are aligned with the operations and supply chain strategy.

Answer: A

Business

You might also like to view...

All of the following are goals for a business writer who must communicate bad news except to A) ?project a professional image

B) ?convey empathy and sensitivity. C) ?be fair. D) ?prove that the customer is wrong.

Business

Assume that 12,000 shares are represented at a shareholder meeting and a quorum exists. How many votes are normally necessary to carry a motion?

A) 4,001 B) 8,001 C) 6,001 D) 10,000

Business