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Manager as a Planner and Strategist

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Questions and Answers

What are the three main steps of the planning process?

Setting goals, mobilizing resources, and predicting the future

Identifying, selecting goals, and predicting the future

Setting goals, implementing strategies, and mobilizing resources (correct)

Identifying, selecting goals, and implementing strategies

What is the purpose of business-level strategies?

To provide a competitive advantage (correct)

To predict future contingencies

To strengthen corporate-level strategies

To mobilize organizational resources

What is the role of managers in implementing strategies?

Predicting future contingencies

Strengthening corporate-level strategies

Achieving organizational mission and goals (correct)

Selecting appropriate goals

What does the organizational plan resulting from the planning process include?

<p>Goals and specific strategies</p> Signup and view all the answers

How do corporate-level strategies strengthen a company's business-level strategy?

<p>By providing a competitive advantage</p> Signup and view all the answers

Manager as a Planner and Strategist

Choose a study mode

Podcast

Questions and Answers

What are the three main steps of the planning process?

What is the purpose of business-level strategies?

What is the role of managers in implementing strategies?

What does the organizational plan resulting from the planning process include?

How do corporate-level strategies strengthen a company's business-level strategy?

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