RECAP OF IMPORTANT TERMS
RECAP OF IMPORTANT TERMS
Managerial action plan for achieving organizational objectives; strategy is mirrored in the PATTERN of moves and approaches devised by management to produce the desired performance. Strategy is the HOW of pursuing an organization’s mission and reaching target objectives.Statement outlining an organization’s mission and future direction, near-term and long-term performance targets, and strategy, in light of organization’s external and internal situation.
Strategy
Strategic Plan