Once Managers Have Selected Goals and Plans,they Are Required To

question 31

Multiple Choice

Once managers have selected goals and plans,they are required to:

• A) perform a situational analysis.
• B) find alternative goals and plans.
• C) implement the designed plans.
• D) prepare a strategic map.
• E) forecast future trends.

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Definitions:

Standard Scores

Scores that are expressed as the number of standard deviations above or below the mean of the distribution.

Central Tendency

A quantitative indicator that selects a unique value to symbolize the full range of data, typically using the mean, median, or mode.

Data

Raw facts and figures that require processing to generate meaningful information or insights.

Median

The value that divides a set of numerical data into two equal halves, with half of the data points being above it and half below.