Management's Story Line for How and Why the Company's Business

question 41

Multiple Choice

Management's story line for how and why the company's business approaches will generate revenues sufficient to cover costs and produce attractive profits and returns on investment

• A) describes what is meant by a company's strategy.
• B) best describes what is meant by a company's business model.
• C) accounts for why a company's financial objectives are at the stated level.
• D) portrays the essence of a company's business purpose or mission.
• E) is what is meant by the term strategic intent.

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Definitions:

Power

The ability to influence or outright control the behavior of people, environments, or situations.

False Catastrophe

An exaggerated or fictitious disaster or crisis, often used to manipulate public opinion or achieve certain outcomes unduly.

Political Player

An individual in an organization who skillfully uses power and influence to affect decisions or gain advantage.

Claims Resolved

Situations where disputes or demands for something due or believed to be owed are settled or reconciled.