A Business Strategy Achieves a Specific Set of Goals Which

question 193

Multiple Choice

A business strategy achieves a specific set of goals which include ________.

• A)Developing new products or services, attracting new competition.
• B)Increasing costs, attracting new competition.
• C)Attracting new customers, developing new products or services.
• D)All of the above.

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Definitions:

Motivation Level

The degree of willingness of an individual to exert effort towards achieving personal or organizational goals.

Open-Door Policy

A management approach whereby executives encourage openness from employees, allowing them to discuss any matter freely without fear of retribution.

Human Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Satisfied Need

A psychological or physiological requirement of individuals that has been fulfilled, contributing to their well-being or motivation.