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Management · Q199

HRM (Human Resource Management)

Graduate and Post Graduate · Management · question 199

Q199

Identifying and executing the firm's mission by matching its capabilities with demands of its environment is the firm's:

A.
Strategic Management
Answer
B.
Mission statement
C.
Vision
D.
SWOT analysis

Answer: Option A

Solution

Answer: Option A
Solution:
Identifying and executing the firm's mission by matching its capabilities with demands of its environment is the firm's Strategic Management. The strategic management process is a management technique used to plan for the future: Organizations create a vision by developing long-term strategies.