a-1, b-3, c-4, d-2
a-3, b-4, c-1, d-2
a-3, b-1, c-2, d-4
a-4, b-1, c-2, d-3
Answer is Wrong!
Answer is Right!
The correct answer is: A. a-1, b-3, c-4, d-2.
- Objectives are the desired outcomes of a plan or project. They reveal priorities and guide decision-making.
- Strategies are the means by which objectives are achieved. They are potential actions that can be taken to reach the desired outcome.
- Policies are general guidelines that govern decision-making. They mainly address repetitive/recurring situations.
- Periodical conduct of strategic management meeting is a way to ensure that the organization is on track to achieve its objectives. It is a forum for discussing progress, identifying challenges, and making necessary adjustments.
Here are some additional details about each of the terms:
- Objectives: Objectives are the desired outcomes of a plan or project. They are specific, measurable, achievable, relevant, and time-bound. Objectives should be aligned with the organization’s mission and vision.
- Strategies: Strategies are the means by which objectives are achieved. They are the specific actions that will be taken to reach the desired outcome. Strategies should be feasible, realistic, and cost-effective.
- Policies: Policies are general guidelines that govern decision-making. They are designed to ensure that decisions are made in a consistent and fair manner. Policies should be clear, concise, and easy to understand.
- Periodical conduct of strategic management meeting: Periodical conduct of strategic management meeting is a way to ensure that the organization is on track to achieve its objectives. It is a forum for discussing progress, identifying challenges, and making necessary adjustments. Strategic management meetings should be held on a regular basis, at least once a quarter.
I hope this information is helpful. Please let me know if you have any other questions.