What is definition of strategy

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Question 1: The process of assigning authority and responsibility to managers of subunits and then measuring and evaluating their performance is known as: Responsibility Accounting. why?

Question 2: A future direction which enables the focusing of an organisation's resources and decision making around a common theme, is a definition of: Strategy . why?

Question 3: A just-in-time manufacturing system : Is a demand-pull system. why?

Question 4: Strengths of the balanced scorecard related to communication and linkages include: Encouraging clarification of vision and strategies, Improving organisational consensus. why?

Question 5: What type of theory provides an analytical framework for the conflicts that arise between owners and managers? Agency theory. why?

Reference no: EM132541141

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