The Development of Long-Range Plans for the Effective Management of Environmental

question 82

Multiple Choice

The development of long-range plans for the effective management of environmental opportunities and threats in light of corporate strengths and weaknesses is known as

• A) strategy formulation.
• B) strategy implementation.
• C) strategy control.
• D) strategic analysis.
• E) strategy evaluation.

---

Definitions:

Education Loans

Financial loans provided to students to help cover the costs of post-secondary education, which typically have to be repaid with interest after graduation.

Parents Liable

Refers to the legal responsibility of parents for the actions and behaviors of their underage children.

Minor Children

Individuals under the age of legal adulthood, whose rights and responsibilities are significantly different from those of adults.

Legally Binding Contract

An agreement between parties that is enforceable by law.