mission ,coperate objectives and strategy

Question 1

whats a strategy

Answer 1

meduim to long term plans made by business to meet corporate objectives

Question 2

mission

Answer 2

overall reason for business existing

Question 3

influences on the mission of business

Answer 3

personal believes
values etc

Question 4

functional decision making

Answer 4

• decision making by managers of a specific area in a business

Question 5

swot analysis

Answer 5

• identifies internal strengths and weaknesses and external opportunities