You Are Reading a Business Document That Outlines Your Company's

question 86

Multiple Choice

You are reading a business document that outlines your company's long-term goals and direction.These goals include "Reduce energy consumption in our offices by 20%," "Grow out market share in China from 3% to 10%," "Enter a strategic alliance with a partner in Australia to begin selling our products in Sydney and Brisbane," and "Equip all sales representatives with an app that allows them to provide an immediate quote when meeting with customers." What type of document are you reading?

• A)a values statement
• B)a business plan
• C)a SMART goal
• D)a vision statement
• E)a strategic plan

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Definitions:

Domestic Relationships

Interpersonal relationships that are characterized by a significant degree of personal intimacy or commitment, including family relationships and cohabitation.

Binding

The quality of being legally enforceable or imposing duties on the parties involved.

Enforceable Contract

A legal agreement that can be upheld in court, usually because it meets all necessary legal requirements.

Written Contract

A legally binding agreement between two or more parties that is expressed in written form.