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Unformatted text preview: a. Finance/accounting b. Advertising c. Process and capacity design d. Pricing e. all of the above Page 2 of 2 4. Which of the following statements about organizational missions is false ? a. They reflect a company's purpose. b. They indicate what a company intends to contribute to society. c. They are formulated after strategies are known. d. They define a company's reason for existence. e. They provide guidance for functional area missions. 5. Which of the following is true about business strategies? a. An organization should stick with its strategy for the life of the business. b. All firms within an industry will adopt the same strategy. c. Well defined missions make strategy development much easier. d. Strategies are formulated independently of SWOT analysis. e. Organizational strategies depend on operations strategies....
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- Spring '11