Managerial Planning and Strategy Quiz

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WarmerRapture
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What does the planning process involve?

Identifying and selecting appropriate goals and courses of action for an organization

What is the purpose of corporate-level strategies?

To strengthen a company’s business-level strategy and competitive advantage

What is the role of managers in implementing strategies?

Achieving an organization’s mission and goals

How do business-level strategies provide a competitive advantage?

<p>By giving an organization a competitive advantage that may lead to superior performance</p> Signup and view all the answers

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

<p>The goals and specific strategies managers will implement to attain those goals</p> Signup and view all the answers

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