Which Concept Describes How a Firm Determines the Objectives and Tasks

question 57

Multiple Choice

Which concept describes how a firm determines the objectives and tasks that are required to put a plan into action?

• A) strategy alignment
• B) strategy implementation
• C) strategy formulation
• D) strategy integration

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Definitions:

Ratify

To formally approve or confirm an agreement or action, making it officially valid.

Disaffirms

To legally reject or void a contract or agreement, especially one entered into by minors or under conditions that invalidate consent.

Disaffirmance

The legal right of a minor to void contracts or agreements entered into, under specific conditions.

Contractual Capacity

The legal ability of a person or entity to enter into a contract.