The Purpose of Strategic Management Is to (Select All That

question 26

Multiple Choice

The purpose of strategic management is to (select all that apply) :

• A) ensure customer satisfaction.
• B) establish a competitive position.
• C) reach strategic objectives or goals.
• D) develop the organizational mission.
• E) provide a "blueprint" for operating a business.

---

Definitions:

Population Growth

The increase in the number of individuals in a population, usually expressed as an annual rate.

Standards Of Living

The level of wealth, comfort, material goods, and necessities available to a person, community, or nation, indicating the quality of life.

Demographic Transition

A model that describes the change from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Death Rates

The number of deaths per unit of population in a given time period, often used as an indicator of health and well-being in a community.