Strategies Selected by the Organization Should Address External Issues, Draw

question 17

Multiple Choice

Strategies selected by the organization should address external issues, draw on competitive advantages, and:

• A)Keep the organization within the parameters of the mission and values.
• B)Move the organization toward the vision.
• C)Make progress toward achieving one or more of the organization's strategic goals.
• D)All of the above.

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Definitions:

Exogenously

Originating from outside; determined by external factors not within the system.

Endogenously

Originating or produced from within a system, indicating a factor that is internal to an economic model or process.

Natural Rate

The unemployment rate at which the economy operates at full employment, where inflation is stable without accelerating.

Unemployment

A situation where individuals who are capable of working and are actively seeking a job are unable to find employment.