Before the Mission Is Defined and Goals Are Set, Top

question 39

True/False

Before the mission is defined and goals are set, top management should assess its strengths, weaknesses, opportunities, and threats.

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Definitions:

Individual Characteristics

Personal attributes or qualities that define an individual, including personality traits, abilities, and values.

High Potential

Refers to individuals who have been identified as having the capability and aspiration to hold successive leadership positions within an organization.

Research and Development

The systematic activity combining both basic and applied research, aimed at discovering solutions to problems or creating new goods, processes, or services.

Fundamental Conditions

Essential circumstances or factors that underlie and determine the nature of an environment, system, or situation.