A Strategy Map Is a

question 134

Multiple Choice

A strategy map is a

• A)visual display of the key measures related to an organization's strategies.
• B)pictorial representation of the cause-and-effect relationships embodied in the strategies.
• C)visual display of the corporation's strategies.
• D)pictorial representation of the particular strategies that have been met by the organizational units.

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Definitions:

Global Firm

A business entity that operates in multiple countries across the world, engaging in international trade or services.

Geocentric

Geocentric pertains to considering Earth as the center, or in business, it represents a global approach where policies and practices are applied universally across a multinational company, disregarding national boundaries.

Human Resources

The department within an organization that is responsible for managing employee-related functions, such as hiring, training, and benefits.

Headquarters-Centered

A management approach or organizational structure in which decision-making authority, corporate culture, and major activities are centralized at the main office or headquarters.