The Statement That Defines a Company's Core Intent and the Business(es)

question 42

Multiple Choice

The statement that defines a company's core intent and the business(es) in which it intends to operate is known as

• A) mission
• B) vision
• C) strategy
• D) tangible resource

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Definitions:

Strategy

A careful plan or method for achieving a specific goal or overall aim, often involving a series of actions or decisions.

Six Sigma

A method that provides organizations tools to improve the capability of their business processes by increasing performance and decreasing process variation.

Communications Space

Refers to the platforms and channels used for exchanging information and messages between individuals or organizations.

Defect

A flaw or imperfection in a product or system that hinders its intended functionality or quality.