Which of the Following Comes LAST When an Organization Makes

question 89

Multiple Choice

Which of the following comes LAST when an organization makes a plan?

• A)operational planning
• B)mission statement
• C)strategic planning
• D)tactical planning
• E)vision statement

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Definitions:

Privity of Contract

A principle stating that only parties to a contract have the right to sue or be sued under the terms of the contract.

Privity of Reversion

A legal concept relating to the rights of individuals who have a future interest in property currently possessed by another.

Distrain

The right to seize someone's property in order to compel payment of debts or obligations.

Default

Failure to fulfill a legal obligation or agreement, commonly referring to the inability to make timely payments on a loan.