MBA820 Tma Solutions

MBA820

Question: Major changes in strategy are often preceded or quickly followed by a change in
Answer: Chief executive officer

Question: involves the declaration of the fundamental purpose for the existence of the organization and the major area of operations in the society
Answer: Organizational mission

Question: the range of business the business enterprise is to pursue defines
Answer: corporate strategy

Question: must be capable of arresting threats while utilising profitable opportunities
Answer: Coping startegies

Question: must also be evaluated against the static and dynamic forces of the external environment
Answer: Corporate startegies

Question: are concerned with symbolic objects and with creating or maintaining value system of society
Answer: Cultural goals

Question: ‬is the short-term game plan for a key functional area within a company
Answer: Functional Strategy

Question: ‬ are entities established to pursue and achieve certain predetermined goals and objectives
Answer: Organizations

Question: is a large scale, future oriented plans for interacting with the competitive environment to optimize achievement of organisation objectives
Answer: Strategy

Question: ‬is the mainstay goal of a business organisation
Answer: Profitability

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