An Organization's _____ Is What It Hopes to Achieve in the Medium-

question 87

Multiple Choice

An organization's _____ is what it hopes to achieve in the medium- to long-term future.

• A)goal
• B)mission
• C)strategy
• D)vision

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Definitions:

Trade

The exchange of goods or services between parties, which could be within an economy or between economies.

Coffee

A brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffea plant.

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity more efficiently than another activity.

World Price

The international market price for a product, influenced by global supply and demand.