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:

Ultimate Consumer

The end-user or actual buyer who uses or consumes a product or service for personal use, not for resale.

Broker

A person or firm that acts as an intermediary between buyers and sellers, usually for a fee or commission.

Business Consultants

Professionals who provide expert advice in a particular area of business, such as management, operations, or marketing, to help organizations improve performance.

Index

A statistical measure or indicator often used in finance to represent the performance of a group of assets or a sector of the market.