In the Current Business Environment, Companies Cannot Survive Without a Long-Term

question 2

Multiple Choice

In the current business environment, companies cannot survive without a long-term strategy.What exactly should an effective strategy include?

• A)A set of plans for using resources to achieve sustainable goals.
• B)A focus on accurate financial data, thus allowing the firm to effectively compete in any environment.
• C)A focus on long-term nonfinancial information that will provide the company with versatile management techniques capable of being used in a wide variety of situations.
• D)A clear, concise mission statement, naming every product and outlining the company's long-term goals of success.