Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
Which of the following best describes strategic planning?
Which of the following best describes strategic planning?
- The process of implementing a plan of action for attaining long-term goals
- The process of evaluating an enterprise's environment and internal strengths (correct)
- The process of promoting adaptability in a company
- The process of setting short-term goals for a company
What is the main goal of the Marks and Spencer Plan A?
What is the main goal of the Marks and Spencer Plan A?
- To switch from plastic to glass bottles
- To make the company more environmentally friendly (correct)
- To reduce waste and recycle materials
- To promote sustainability in the retail industry
What is one of the key areas of focus in the Marks and Spencer Plan A?
What is one of the key areas of focus in the Marks and Spencer Plan A?
- Customer Satisfaction
- Employee Training & Development
- Waste & Circular Economy (correct)
- Financial Performance
Why did Marks and Spencer switch from using plastic milk bottles to glass bottles?
Why did Marks and Spencer switch from using plastic milk bottles to glass bottles?
Signup and view all the answers
Why do companies undertake strategic planning?
Why do companies undertake strategic planning?
Signup and view all the answers
Flashcards are hidden until you start studying
