Which of the Following Statements Is CORRECT

question 18

Multiple Choice

Which of the following statements is CORRECT?

• A) Once a firm has defined its purpose,scope,and objectives,it must develop a strategy or strategies for achieving its goals.The statement of corporate strategies sets forth detailed plans rather than broad approaches for achieving a firm's goals.
• B) A firm's corporate purpose states the general philosophy of the business and provides managers with specific operational objectives.
• C) Operating plans provide management with detailed implementation guidance,consistent with the corporate strategy,to help meet the corporate objectives.These operating plans can be developed for any time horizon,but many companies use a 5-year horizon.
• D) A firm's mission statement defines its lines of business and geographic area of operations.
• E) The corporate scope is a condensed version of the entire set of strategic plans.

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Definitions:

Junk Mail

Unsolicited, often commercial, emails or messages that are sent to a large number of recipients.

Default Sensitivity

A predefined level of sensitivity for a program or device, dictating how it responds to inputs or stimuli without user customization.

List

A collection of items, data, or elements organized sequentially, which can be manipulated and accessed through various computational methods.

Email Message

A digital communication sent between users through electronic mail service providers.