Strategic Unity and Alignment Is Important Because

question 4

Multiple Choice

Strategic unity and alignment is important because

• A)It ensures that the organizational strategy is aligned with the external environment
• B)It reduces the amount of work that managers must do to develop employees because their tasks are more clearly defined for them
• C)It encourages discussion of new methods for measuring performance among lower-level employees
• D)It increases motivation by helping employees see a direct connection between their daily tasks and the organizations vision
• E)It signals to the stock market that the company is moving in the right direction

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Definitions:

Accounting Data

Information related to financial transactions and status used for analysis, reporting, and decision making in business.

Economic Event

An action that has the potential to impact the financial position of a company, such as a sale, purchase, or investment.

Transaction

An economic event that involves the exchange of goods, services, or funds between two parties.

Accounting Process

A systematic approach to recording, summarizing, and reporting financial transactions for a business.