__________ Is the Act of Determining the Organization's Goals and Defining

question 91

Multiple Choice

__________ is the act of determining the organization's goals and defining the means for achieving them.

• A) Brainstorming
• B) Organizing
• C) Planning
• D) Developing a mission
• E) Controlling

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Definitions:

External Factors

External influences that can impact a business or system, including economic, social, political, and environmental conditions.

Marketing Environment

The external factors that affect a company's ability to engage and transact with its targeted customers, including social, economic, technological, competitive, and regulatory forces.

World Trade Organization

An international organization that regulates trade rules between nations to ensure trade flows smoothly, predictably, and as freely as possible.

Marrakech Agreement

An agreement that established the World Trade Organization (WTO), aimed at facilitating global trade.