The Top Management Group of Exelon Corp

question 244

Multiple Choice

The top management group of Exelon Corp.has already set strategic goals.What is their next step?

• A) Analyzing the company and its environment
• B) Segmenting the markets the company wants to penetrate
• C) Preparing an organizational plan
• D) Matching company strengths with environmental characteristics
• E) Developing a mission statement

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Definitions:

Bargaining Unit

A group of employees with a clear and identifiable community of interest who are represented by a single labor union in collective bargaining negotiations with their employer.

Community of Interests

A group of individuals or organizations sharing common objectives or concerns, especially in social, professional, or economic spheres.

Functional Integration

The process of ensuring that different aspects of a business or organization work together efficiently to achieve a common goal.

Union Election

A formal process in which workers vote to decide whether to be represented by a labor union in negotiations with their employer.