According to Porter,to Be Effective,the Organization's Goals,objectives,culture,and Activities Must Be

question 11

True/False

According to Porter,to be effective,the organization's goals,objectives,culture,and activities must be consistent with the organization's strategy.

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Definitions:

Long-Term Growth

A strategic objective focused on increasing a company's market share, revenue, and profitability over an extended period, beyond immediate or short-term gains.

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period, detailing specific actions to achieve marketing objectives.

Modifications

Changes or alterations made to a product or service, often aimed at enhancing its performance, appearance, or functionality.

Budgets

Financial plans for a defined period, often one year, outlining projected revenue and expenditure.