Managers Who Choose the "Right" Organizational Goals and Have the Skills

question 94

Multiple Choice

Managers who choose the "right" organizational goals and have the skills to use the organization's resources are:

• A)efficient
• B)effective
• C)strategic
• D)conceptual
• E)technical

Understand how to define and prioritize research issues in legal cases.

Distinguish between binding and persuasive authorities in legal research.

Comprehend the role and relevance of unpublished decisions in legal research.

Identify strategies for finding authoritative sources to support legal claims.

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Definitions:

Word-of-Mouth Referral

A natural and unpaid form of promotion in which satisfied customers recommend products or services to their friends or family members.

BCG Matrix

A strategic business tool devised by the Boston Consulting Group to help organizations analyze their portfolio of products or services based on market growth and market share.

SBUs

Strategic Business Units are individual units within a larger company that operate as separate businesses, each with its own mission, products, and market.

Portfolio

A collection of investments held by an individual or institution, which could include stocks, bonds, real estate, and other financial assets.