What Most Commonly Occurs When Setting Goals and Selecting a Strategy

question 49

Multiple Choice

What most commonly occurs when setting goals and selecting a strategy?

• A) The environment is ignored but the organization's strengths and weaknesses are evaluated to determine the appropriate goals and strategy.
• B) Goals are set so high that they can rarely be attained.
• C) New goals and strategies are chosen on the basis of environmental needs and the organization is redesigned accordingly.
• D) Environment and current structure and goals are considered simultaneously.

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Definitions:

Transactional Function

Activities involved in transferring ownership or physical possession of goods from one party to another.

Facilitating Function

Activities that help in the smooth transaction of goods and services from producers to consumers, such as transportation and storage.

Product Assortments

The range or variety of product lines and individual products that a company offers for sale to its target market.

Channel Intermediaries

Businesses or individuals that act as intermediaries within the distribution channel, facilitating the movement of goods from manufacturers to consumers.