Busi 342 chapter 2 - Study guides, Class notes & Summaries

Strategy A plan an organization follows for how to compete successfully, survive, and grow Strategic planning The process of defining organizational strategy and allocating resources toward its achievement Organizational mission The core reason for the existence of the organization and what makes it unique What does the planning process start with? An assessment of the current state of the business and the environmental forces that may be important during the planning cy...

BUSI 342 CHAPTER 2| 48 QUESTIONS AND ANSWERS

BUSI 342 HUMAN RESOURCES CHAPTER 2 QUESTIONS WITH 100% CORRECT ANSWERS

Strategy p. 38 A plan an org follows for how to compete successfully, survive and grow. Strategic Planning p. 38 The process of defining org strategy and allocating resources toward it's achievement Organizational Mission p. 38, The core reason for the existence of the organization and what makes it unique. Strategic HR Management p. 41 Entails providing input into org strategic planning and appropriate use of HR mgmt practices to gain competitive advantage Multi...