Planning Is a Process Designed to Achieve Goals in Dynamic,competitive

question 8

Multiple Choice

Planning is a process designed to achieve goals in dynamic,competitive environments.As a new manager,what is the first step you will undertake to develop a strategic plan of action for a congestive heart failure program?

• A) Search the environment to determine changes that may affect the organization.
• B) Appraise the organization's strengths and weaknesses.
• C) Identify the major opportunities for and threats to the organization.
• D) Identify and evaluate the various strategies available to the organization.

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Definitions:

Inputs Employed

The resources used in the production of goods and services, such as labor, capital, and raw materials.

Derived Demand

Demand that exists not for the good or service itself, but for the goods or services produced by it. This demand is dependent on the demand for another product or service.

Hair Stylist

A professional who specializes in cutting, coloring, and styling hair to improve or maintain a person's appearance.

Salon Owner

An individual who owns and manages a salon, responsible for its operational, financial, and administrative aspects.