A Company Has Formed a Team to Decide the Direction

question 113

Multiple Choice

A company has formed a team to decide the direction the organization should take over the next five years. The focus of this team is to come up with a plan that will better position the company to take advantage of opportunities and avoid threats in the changing environment. This team is involved in developing the _____ for the organization.

• A) mission
• B) focus
• C) tactics
• D) blueprint
• E) strategy

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Definitions:

Password Protection

A security measure where access to a device or digital resource requires entering a secret word or phrase.

Sole Beneficiary

The only person or entity designated to receive the benefits or assets from a will, trust, insurance policy, or other legal instrument.

Conflict-of-Interest Rule

Regulations designed to prevent individuals in positions of responsibility from acting in their own interest over those they serve.

Client Confidentiality

The ethical principle that an organization or individual should not disclose information about their clients to third parties without the consent of the client or a clear legal requirement.