which of the following is involved in a companys plan to meet its stategic goals

Question

changing managers the plan to stakeholders
marketing the plan to stakeholders/
spending money to implement the plan
assigning subgoals to departments

Answer 1

All of the following are involved in a company's plan to meet its strategic goals:

- Changing managers: The company may need to change or reassign managers in order to align their skills and expertise with the strategic goals of the company.

- Marketing the plan to stakeholders: This involves communicating the strategic plan to stakeholders such as employees, investors, customers, and suppliers. It is important to gain their support and understanding to ensure successful implementation.

- Spending money to implement the plan: Implementation of a strategic plan often requires financial investment. This may involve allocating budget for various initiatives, such as technology upgrades, research and development, marketing campaigns, or hiring additional staff.

- Assigning subgoals to departments: To effectively execute the strategic plan, it is necessary to break down the larger goals into smaller, specific objectives for each department or team within the organization. This helps to align everyone's efforts towards achieving the overall strategic goals.