The Statement, "We Will Increase Our Profit by 8% Each

question 12

Multiple Choice

The statement, "We will increase our profit by 8% each year," is an example of a(n) :

• A) strategic plan.
• B) mission statement.
• C) organization objective.
• D) implementation strategy.

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Definitions:

Pyramid

A structure or organization shaped in a pyramid form, often used metaphorically to describe hierarchical systems.

Horizontal Design

An organizational structure that focuses on teamwork and collaboration, minimizing hierarchical levels.

Functional

Serving a specific purpose or role that contributes to the overall operation or efficiency of a system.

Geographical

Pertaining to the nature and relative arrangement of places and physical features on Earth.