Tags & Description
Tactical objectives
________ are short- term goals that affect a section of the organization, they are specific and guide the daily functioning of the department.
New distribution channels
________ need to be established and this could be time consuming and costly.
Better decisions
What are made if more information is available, so other strategic tools are also used? Answer with a single words or term.
Quantitative objectives
________ are easier to manage and fulfill.
Weaknesses
________: Internal factors that are unfavourable when compared with rivals.
Threats
________: External factors that hinder the prospects for an organization.
Aims
________ are long- term goals of an organization; they are vague and unquantifiable.
Firms
________ might attempt to entice existing customers to buy more frequently; for example, with a customer loyalty program.
Ethics
What are moral principles that guide the decision- making and strategy? Answer with a single words or term.
External factors
________ may change them as well; State of the economy, government constraints, new technologies, presence of pressure and power.
Objectives
What are short to medium- term targets that are more specific and quantifiable? Answer with a single words or term.
Managers
________ may have the authority to devise processes to reduce waiting times, while employees may not.
Tactics
What are short- term based and used to achieve their tactical objectives? Answer with a single words or term.
Public sector organizations
________ do not strive for profit maximization.