________ Decisions Are Often Long-Run Effects and Are Harder to Change

question 302

Multiple Choice

________ decisions are often long-run effects and are harder to change.

• A) Product
• B) Promotion
• C) People
• D) Production
• E) Price

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Definitions:

Core Competencies

Fundamental strengths or advantages of a business or organization that give it a competitive edge.

Organisational Resources

Assets, including human, financial, physical, and information resources, that an organization utilizes to achieve its objectives.

Operating Objectives

Short-term goals that an organization aims to achieve, focusing on the daily functioning and operations.

SWOT Analysis

A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats.