Master the Fundamentals of Organizational Strategy

The direction and scope of an organization over the long term

The determination of the long run goals and objectives of an enterprise and the adoption of course of action and the allocation of resource necessary for carrying out these goals (correct)

The long-term direction of an organization

A pattern in a stream of decisions

To determine the long-term direction of the organization

To achieve advantage in a changing environment

To allocate resources necessary for carrying out goals

All of the above (correct)

Vision and mission have the same meaning

Vision is the long-term direction of an organization, while mission is the determination of long run goals and objectives (correct)

Vision is the determination of long run goals and objectives, while mission is the long-term direction of an organization

Vision is the direction and scope of an organization over the long term, while mission is a pattern in a stream of decisions

<p>Achieving advantage in a changing environment</p> Signup and view all the answers

<p>Achieving advantage in a changing environment</p> Signup and view all the answers