After translating the company mission into strategic goals, the next step is to?

Correct answer: A. formulate strategies

  • A. formulate strategies
  • B. implement the strategies
  • C. evaluate performance
  • D. none of above

Explanation

Once the mission has been translated into strategic goals, management formulates strategies for achieving those goals. Implementation and performance evaluation follow the formulation stage.

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About Principles of Management

Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.

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