Which of the Following Are Components of a Business Strategy

question 37

Multiple Choice

Which of the following are components of a business strategy?

• A) Mission/vision
• B) Objectives
• C) Internal analysis
• D) External analysis
• E) All of the above

Comprehend the concept of performance management and its impact on achieving organizational objectives.

Discuss the importance of maintaining positive employee relations and its role within human resources management.

Recognize the role of workforce analytics in making evidence-based HR decisions to support business goals.

Identify the legal and ethical considerations in human resource management practices.

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Definitions:

Nation's Economy

The overall economic system of a country, encompassing all activities related to production, consumption, and trade of goods and services within the country.

President

The elected head of a republican state or a leader of an organization, company, or institution, possessing varying levels of authority and responsibility based on context.

Federal Budget Deficit

The financial shortfall when the U.S. government's expenditures exceed its revenues within a fiscal year, leading to borrowing to cover the gap.

Measures

Measures refer to legislative bills or proposed laws that are brought forward for debate, amendment, and voting in legislative bodies.