1 a B. Write the correct term in the blank. (2 pts. each)

1. It is the setting of direction for an organization, establishing system, and ensuring that the system follows that direction.
2. It describes a company's reason for existence. usually attained after a longer period.
3. They are specific accomplishments or action plans that are
4. It describes the direction where the company is going.
5. These are plans made by top management.
6. These plans support strategic plans because they become specific plans used in a particular area.
7. This kind of bias relates the outcome with how a problem or decision framed. 8. It is a strategy concerned with building a competitive advantage for a single business unit of a diversified company. 9. It is a document which states how managers can decide on a particular issue. is
10. These are plans that can be implemented in case the original plan fails.​