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:

Return On Investment

A measure of the profitability expressed as a percentage of the original investment.

Performance Post-Training

The level of an individual's or group's ability and efficiency after undergoing a specific training program.

Utility

The total satisfaction or value derived from consuming a good or service.

Effect Size

A quantitative measure of the magnitude of a phenomenon or the strength of the relationship between variables, often used in statistical analysis to assess the significance of findings.