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Questions and Answers
Who are the groups or individuals affected by the achievement of the organization's mission, goals, and strategies?
Who are the groups or individuals affected by the achievement of the organization's mission, goals, and strategies?
- Shareholders
- Stakeholders (correct)
- Stockholders
- Entrepreneurs
Why is strategic management important?
Why is strategic management important?
- It can make a difference in how well an organization performs
- Examine relevant factors and decide what actions to take
- Each part needs to work together toward achieving the organization's goals
- All of the above (correct)
Which strategy determines what businesses a company is in or wants to be in and what it wants to do with those businesses?
Which strategy determines what businesses a company is in or wants to be in and what it wants to do with those businesses?
- Marketing strategy
- Corporate strategy (correct)
- Organization strategy
- None of the above
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