In the Strategic Management Process, Snowy Hydro Statement That It

question 24

Multiple Choice

In the strategic management process, Snowy Hydro statement that it intends: 'To deliver superior financial returns by being the preferred flexible supplier of energy and related products' is an example of what aspect?

• A)statement of objectives
• B)mission
• C)fundamental objective
• D)goals
• E)strategy

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Definitions:

Short-termism

A mindset or approach prioritizing short-term gains over long-term goals and strategies.

Immediate Returns

Earnings or benefits that are received quickly or immediately after an investment or action is made.

Capitalist

An economic system where private individuals own and control property and businesses, operating them for profit.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.