What Is the Process Called That Formulates Organizational Goals,objectives,action Plans,and

question 19

Multiple Choice

What is the process called that formulates organizational goals,objectives,action plans,and the mission statement?

• A)formulation
• B)analysis
• C)strategy
• D)planning

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Definitions:

Economic Needs

The basic requirements for an individual or family to maintain a standard of living, including food, shelter, and clothing.

Housing Needs

The requirements for shelter and accommodations that support a livable and secure environment for individuals or families.

Gradual Retirement

A process or arrangement allowing employees to reduce their working hours and workload over time before completely retiring.

Abrupt Retirement

The sudden and unexpected cessation of employment, leading to a transition from a working life to retirement without gradual adjustment.