The Four Key Attributes of Strategic Management Include the Idea

question 52

Multiple Choice

The four key attributes of strategic management include the idea that a

• A) strategy must be directed toward overall organizational goals and objectives.
• B) strategy must be focused on long-term objectives.
• C) strategy must be focused on one specific area of an organization.
• D) strategy must focus on competitor strengths.

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Definitions:

HR Professionals

Individuals who work in the Human Resources field, focusing on employee management and organizational policies.

Sarbanes-Oxley

A U.S. federal law established to improve corporate governance, prevent fraudulent financial practices, and protect shareholders from corporate abuses.

Executive Compensation

The total package of benefits, including salary, bonuses, stock options, and other perks, provided to top executives of a company.

Pension Plans

Financial programs that provide income during retirement, funded through contributions from employers, employees, or both.