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Management · Q94

Strategic Management

Graduate and Post Graduate · Management · question 94

Q94

What are the decisions and actions that determine long-run performance of an organization?

A.
strategies
Answer
B.
missions
C.
goals
D.
opportunities

Answer: Option A

Solution

Answer: Option A
Solution:
Strategies are the decisions and actions that determine long-run performance of an organization. Strategic management therefore emphasizes the monitoring and evaluating of external opportunities and threats in lights of a corporation's strengths and weaknesses.