Which of the Following Options Presents the Right Sequence of Activities

question 44

Multiple Choice

Which of the following options presents the right sequence of activities in developing a strategic plan for services?

• A)First,identify the target market for the firm's services; second,determine the firm's core competency; third,define its mission and its high-level corporate goals and objectives.
• B)First,determine the firm's core competency; second,identify the target market for the firm's services; third,define its mission and its high-level corporate goals and objectives.
• C)First,define its mission and its high-level corporate goals and objectives; second,determine the firm's core competency; third,identify the target market for the firm's services;
• D)First,determine the firm's core competency; second,define its mission and its high-level corporate goals and objectives,third,identify the target market for the firm's service.

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Definitions:

Instrumental Values

Values that are considered as means to an end, serving as tools or methods to achieve something else of importance.

Milton Rokeach

An American psychologist known for his work on human values and beliefs, including the development of the Rokeach Value Survey.

SMART

An acronym for Specific, Measurable, Achievable, Relevant, and Time-bound, often used in goal setting.

Goal Statements

Clear expressions of desired outcomes or objectives, often defined in specific, measurable terms.