Matching -Directional Plan

question 51

Multiple Choice

Matching
-Directional Plan

• A)Guides the day-to-day production or delivery of an organization's goods and services, and enacts a functional strategy
• B)Used to educate employees as to where the organization is going and what it hopes to achieve in the future
• C)Designed for repeated use in response to commonly occurring events
• D)Usually short-term plans, which are plans that cover one year or less and are used to achieve short-term goals
• E)Interprets an organizational strategy into a market- or community-based opportunity for division or departmental managers
• F)An essential way of committing department, resources, and individuals to a future goal

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Definitions:

Described Territory

A specifically defined geographic area, often related to territorial rights or jurisdictions.

Agreement

A mutual understanding or arrangement, formally or informally, between two or more parties that creates certain obligations or terms to be fulfilled by the parties involved.

Employment Contract

A legally binding agreement between an employer and an employee that outlines the terms and conditions of employment.

Competing

The action of participating in a market with others striving for the same objective, often business or market share.