Computers and Technology High School
Answers
answer 1
Respondent:
IT Steering Committee
Explanation:
The IT steering committee is a committee whose purpose is to direct, review, and approve strategic IT plans, oversee key initiatives, and allocate resources. The steering committee sets IT priorities for the enterprise as a whole.
The sole purpose or objectives of an IT steering committee is to establish performance measures for the MIS function and ensure that they are met.
The IT steering committee also decides on the business priorities within an organization and then manages the overall course of the operation. The Board of Directors can change the face of a business.
Related questions
A key (n) is the set of steps used to convert an unencrypted message into an encrypted sequence of bits representing the message. sometimes refers to programs that enable cryptographic processes. _________________________
Answers
Respondent:
Algorithm
Explanation:
An algorithm is a set of instructions designed to perform a specific task, an independent sequence of actions that must be performed to solve a problem, and instructions for performing a calculation.
An algorithm is a set of key(n) steps used to convert an unencrypted message into an encrypted sequence of bits representing the message. sometimes refers to programs that enable cryptographic processes.
Respondent:
Algorithm
Explanation:
Encryption is a process of encrypting data to prevent attackers or middlemen from viewing information sent over a network. It uses algorithms to encrypt and decrypt messages.
There are three ways in which messages are encrypted, they are synchronous encryption, asynchronous encryption and hash encryption.
What will be the output of the following code snippet? You can assume that the user enters a note 90 on the keyboard. O. You failed the test! SI. You passed the test! w. You failed the test! Hey. None of these
Answers
FULL QUESTION:
What will be the output of the following code snippet?
Suppose the user enters a note 90 on the keyboard.
cout > test_score;
if (test_score < 60)
cout
Quinn recently launched a look network campaign for her women's clothing store. Since its launch, traffic to its website has increased, but sales have remained flat. Which story shows Quinn using remarketing to promote action?
Answers
Full question:
Quinn recently launched a look network campaign for her women's clothing store. Since its launch, traffic to its website has increased, but sales have remained flat. Which story shows Quinn using remarketing to promote action?
A. Quinn remarkets using its original business objectives and campaigns to new users from an uploaded compatible list. By utilizing existing materials, it aims to extend its reach and save costs.
B. Quinn creates a cart abandonment list that identifies users who visited her website, considered purchasing her clothing, but did not. It shows them an ad with a discount promo code.
C. Quinn uses the in-market audience segment for bakery products to reach potential customers while they are actively searching for women's clothing and close to a conversion.
D. Quinn creates a custom audience segment using keywords and URLs as inputs. He hopes to expand his audience to customers interested in women's accessories.
Option B
Quinn creates a cart abandonment list that identifies users who visited her website, thought about buying her clothes, but didn't. He shows them an ad with a promotional discount code that shows Quinn using remarketing to drive action.
Explanation:
Remarketing is a form of online advertising that allows websites to display targeted ads to users who have previously visited the website. Remarketing consists of using a special tracking code to request a cookie on the browsers of someone who visits your website, and then serving ads to those who have that cookie.
As Quinn hands out promotional discount codes to the personality who landed on her site, consider buying her clothes but didn't. Remarketing allows you to target people who have visited your website or accessed your app.
Under what theory of liability would a seriously injured guest who allegedly slipped on a liquid on the floor of your restaurant sue?
Answers
Respondent:
Negligence
Explanation:
Under the theory of liability, a plaintiff may bring an action in negligence, which is limited to someone's failure to perform a legal duty by omission or commission.
A guest who was seriously injured after allegedly slipping on liquid on the floor of my restaurant can sue to hold me liable for his injury because I failed to ensure the safety of guests in my restaurant.
Which set of commands will configure a router as a DHCP server that will assign IPv4 addresses to LAN 192.168.100.0/23 while reserving the first 10 and last addresses for static assignment?
Answers
Respondent:
DHCP service
Deleted DHCP IP address 192.168.100.1
ip dhcp pool pool-lan-1
Network 192.168.100.0 255.255.254.0
Default router 192.168.100.1
Fim
Explanation:
Configuring a router as a DHCP server requires defining a pool of network addresses for workstations on the network. The configuration is global and not specific to an interface.
DHCP is enabled first, if necessary, and then addresses intended to be assigned to management interfaces such as routers and VLANs are excluded from the pool. The pool is the name and the network area is configured. The default router command shows the network for which the pool is intended.
Which variant of a dictionary attack involves a dictionary attack combined with a brute-force attack and will slightly change the words in the dictionary by adding numbers to the end of the password, spelling the words backwards, misspellings, or including special characters? brute force b. repeat hashing
w. network replay
Hey. hybrid
Answers
Respondent:
D. Hybrid
Explanation:
Hybrid attack is a dictionary attack combined with a brute force attack, change the dictionary word by adding numbers to the end of the password, writing the word backwards and misspellings or adding special characters to the word.
A brute force attack is a password hacking technique that continuously inputs multiple values to crack or guess a correct password value.
Respondent:
Hey. hybrid attack
Explanation:
The hybrid attack is basically the combination of a dictionary attack and a brute force attack and its names indicate that it is a mixture of two attacks.
A dictionary attack is a mechanism in which the password is cracked by trying, as a password, every word in a dictionary to break the password and get into a computer. Since most users as well as new users often use simple words as passwords which can also be found in a dictionary, it is easy to crack these passwords using this technique.
Brute force attack basically consists of multiple attempts to crack a password. This technique of trying multiple password combinations until the correct passwords are guessed is called trial and error.
Now the hybrid attack is the combination of brute force and dictionary attacks. So it uses a dictionary that gives you a list of words and then brute force that list of words which will slightly modify the words in the dictionary by adding brute force key space to the end of those words, such as appending numbers, misspelling words, or appending special characters. For example, new employees who are less aware of password attacks kept their names as password. Therefore, the hybrid attack can be used by the attacker/hacker to crack these passwords by obtaining a list of the names of all the new employees in the company. The attacker can then apply a brute force attack to the end of each name to crack the password.
If a code word is defined as a sequence of different letters chosen from the 10 letters A, B, C, D, E, F, G, H, I, and J, what is the ratio of the number of 5-letter words? code words in number of code words 4 letters?
Answers
Respondent:
The answer is 6:1.
Explanation:
No prior knowledge of combination or permutation is required.
Count the way to choose 4 letters. As mentioned in the question, choose the order of the different letters
For first place we have 10 letters
For second place we have 9 letters as one is already out
For the 3rd place we have 8 letters as two letters have already come out
For the 4th place we have 7 letters as 3 letters have already come out
Total group of 4 letters = 10 * 9 * 8 * 7
In the same way we form a group of 5 letters that we have
Total group of 5 letters = 10 * 9 * 8 * 7 * 6
then calculating the ratio between 4 and 5
We have,
Group 5: Group 4::10*9*8*7*6:10*9*8*7
: : 30240 : 5040
divide by 5040 on both sides, we get
Group 5: Group 4:: 6: 1
6-3.1 After visiting a large number of websites to complete your research for a lengthy research paper, your computer starts to crash. Your CPU runs much slower, your software crashes frequently, and you have trouble connecting to the Internet. What kind of malware are you most likely a victim of?
Answers
Respondent:
Spyware
Explanation:
To protect yourself from spyware, be careful what websites you visit, as they can track many things about your system/phone, such as the text messages you send and receive, your call history, and your location.
Health
Respondent:
Spyware.
Explanation:
Computer systems and networks are susceptible to cyber attacks. Attackers exploit weaknesses in systems and networks. For this reason, organizations document and implement technical techniques and security policies to mitigate these cyber attacks.
Attackers or hackers write malware with the intention of infecting computer systems to weaken security policies, making these viruses and malware worms recognized as threats to a system.
Spyware is malware that is used to monitor and steal information on a system, it runs in the background, slowing down the system and also consumes bandwidth to connect to the Internet.
Gina upgrades her computer with a new processor. She installs the processor on her motherboard and adds the cooling system. Turns on the computer and starts to boot but then shuts down. What could be the cause of this problem?
Answers
Respondent:
Gina applied thermal paste
Explanation:
Thermal Grease contains heat-conducting metals that help ensure better conduction of heat from the CPU and the computer's heatsink. It is a cooling agent that helps prevent the computer from reaching a high level of heat that is harmful to the computer.
Respondent:
No thermal paste was used.
Explanation:
A computer system is a device that consists of a software and hardware component. Hardware is the physical component of the system.
The processor unit, the I/O unit and the memory unit are the hardware composition of the system. The electronic components of the computer system, such as the processor or CPU, draw power from a power source, so they must overheat when they work for a long time.
The fan and heatsink are used to cool the system. A thermal grease is a thick, conductive fluid that transfers heat from the component to the heatsink for cooling. When it's absent, heat transfer is reduced or blocked, so the computer shuts down to cool down.
A user complains that his new mouse is not working properly. He has an old system at home and when he had this problem he cleaned the ball under the mouse to fix it, but this mouse doesn't have a ball under it. What to tell him about the mouse
Answers
Respondent:
Uses an optical mouse
Explanation:
A computer mouse is a pointing device that recognizes and converts two-dimensional movement into a pointer on a screen. The use of the mouse cannot be overemphasized as it ensures the smooth use of the graphical user interface of operating systems (OS) and application environments.
There are different types of mice such as mechanical (ball control mouse), optical and laser, 3D, gaming, ergonomic mouse and so on.
An optical mouse uses a light emitting diode (LED), optical sensor and digital signal processing (DSP).
To properly use the optical mouse you just bought, you should place the mouse on a mouse pad and avoid using it on shiny surfaces.
Respondent:
The mouse is a visual mouse.
Explanation:
Computer input devices are used to provide commands or input data to the system for calculation. There are different types of input devices, examples of input devices are keyboard, mouse, trackpad, joystick etc.
A mouse is an input device used to control a pointer on a computer screen. Its control is two-dimensional and is used to click icons to perform a task. There are different types of mice, they are optical mouse, mechanical mouse.
The optical mouse does not have a ball under it because it is replaced by light emitting diodes that must be used on a dull mouse surface to work effectively. The mechanical mouse uses a ball to track and control the pointer on the screen.
Aaron has elaborate systems set up on his computer to remind him of all the things he needs to do and when he needs to do them. The computer helps Aaron with _____ memory.
Answers
Respondent:
prospective memory
Explanation:
The main purpose of Prospective involves remembering to perform a planned action at some specific time. Prospective memory involves the intention to perform a physical action and is associated with future-oriented behaviors.
Aaron edited the system setup and the computer remembers things. The future memory used in the computer to achieve these things
The Mail Merge Wizard is in the drop-down list next to the _____ icon. Select letters from recipients Start mail merge to create mail
Answers
Respondent:
The answer lies in the question of how the Mail Merge Wizard can be found in the drop-down menu next to the Start Mail Merge icon as Start Mail Merge is used to create a mail merge,
Explanation:
The start mail merge icon is used in Microsoft Word:
In a blank document, click the Mail tab and click Start Mail Merge Group.
- Click Start Mail Merge
- Click the Step-by-Step Mail Merge Guide.
- select the document
- Start document selection
- select recipients
- Write a letter and all custom fields
- Press Enter on the greeting bar
- Enter a greeting and press OK
- visualization diagram
- print the merge
Respondent:
The answer is "Start Mail Merge".
Explanation:
Mail merge option is available in a word which processes the mail and also merges the report in file format. It also provides offline mail processing. It provides an option to send the email to a different user each time and some options were wrong, which can be explained as follows:
Select Recipients is a group that provides the option to attach labels and allows you to select the type of email.
Create Mailing is an option that allows you to create mailings.
Karen has launched a new business and is using Google display ads to promote her new products. How does targeting Google display ads help Karen achieve her marketing goal?
Answers
Respondent:
Show your ad to the right people, in the right place, at the right time.
Explanation:
Google AdSense or Adsense is an advertising platform developed by Google. It was created to support organizations and individuals to advertise their products and services on the Google platform.
It uses Google's global range of websites for digital marketing of products. It uses search engine optimization to find and advertise these products to people who may need them based on their past search history.
With this, Google ads manage to select a large number of potential customers worldwide who may be willing to purchase the advertised products or services.
The term ____ describes primary storage devices that are implemented as microchips, can read and write at the same speed, and can randomly access larger bytes, words, or units of data.
Answers
Respondent:
The answer is "RAM".
Explanation:
This particular statement is missing some information, namely the question option, which can be described as follows:
a) RAM
β) ROM
c) PROM
d) semiconductor
RAM is also known as system memory, it is a device component that temporarily holds information for actual use and supports system software. In addition to storing data on devices such as HDD or solid state drive, the CPU can access information even faster, and some options were not correct, which can be described as follows:
- ROM is a secondary device, which stores data permanently.
- The PROM can be updated once by a single user.
- A semiconductor is a chip, which is used in the CPU.
Current small business IP configuration is done manually and is time consuming. Due to increased network growth, a technician needs a simpler way to configure workstation IPs. Which service would simplify the task of configuring the workstation IP? O. APIPA b. DHCP
do. DIPS
Hey. ICMP
Answers
Respondent:
B) DHCP
Explanation:
Dynamic Host Configuration Protocol, known as DHCP, helps automatically assign IP addresses to computers (and other hosts) on a network. When a computer network grows beyond a few computers, the process of manually configuring IP addresses becomes inefficient as a network management protocol such as DHCP is used to automatically assign IP addresses and perform other network configurations to enable communication between hosts on the network.
Application servers are generally grouped into two types: page-based systems and _____ systems. O. based on group b. script based c. server-based d. component-based
Answers
Respondent:
Hey
Explanation:
An application server is a server designed strictly for running applications.
An application server can be defined as a software framework that provides the resources for building web applications as well as a server environment for running them. An example of an application server is a java web application.
Application server can be grouped into two types: page-based server and component-based server.
Respondent:
D. Component-based
Explanation:
Application servers are network devices used by developers to create, host, and run web applications. Provides the platform-based environment of the requesting client workstation web page.
Used in web application services to promote dynamic web pages. These servers are grouped into page-based systems and element-based systems.
The TCP protocol has a unique way of establishing a connection between two computers. Describe what the various phases of this handshake look like and how this methodology differs from other protocols.
Answers
Respondent:
The TCP 3-way handshake is a process used in TCP/IP networking to establish a connection between a client and a server. It exchanges synchronization and packets before the actual statistics of the data communication process.
Explanation:
TCP uses a three-way handshake. A client connecting to a server must call and listen for a port and open it. this is called passive opening.
To establish a connection, the three-way handshake is:
SYN - This opening is used by the client, sending a SYN to the server. A client defines a numerical sequence for the random value A.
SYN-ACK: Server responds with SYN-ACKK. The number is set to one or more of the download sequence number which is A+1
ACK: The client sends the ACK back to the server and the number is set to receive the value i.e. A+1 and the number is set to more than one for the received sequence number i/e B+1.
When a user logs into any website from their computer, they act as a client. The server hosts the website and the content is fetched from the website each time. Three-way handshake over TCP is used The client requests access using the HTTP protocol. The server will open the connection. Once complete, the connection is opened when the server terminates the connection timeout design.
The three-way handshake is the method used for computer-to-computer communication over a TCP/IP network. It is a way for the computer to communicate. All developers and manufacturers should learn the specifications of this methodology. It provides network-wide interoperability.
Respondent:
Connection-oriented TCP three-way handshake.
Explanation:
TCP is a connection-oriented protocol that operates at the transport layer of the OSI model, meaning it requires a connection to communicate. TCP communication is reliable because it relays dropped packets.
TCP establishes a three-way handshake. The source host sends a SYN packet to the server, the server receives the SYN packet and sends an ACK packet to the client, which sends its ACK packet to the server to complete the connection.
What kind of architecture places a firewall in front of the VPN to protect it from Internet-based attacks, as well as behind a firewall to protect the internal network?
Answers
Respondent:
DMZ based.
Explanation:
A VPN or Virtual Private Network, as the name suggests, is a network that virtually extends a private network over a public network or the Internet, to provide secure access to users who cannot physically access the actual private network.
A DMZ fenced zone is an isolated point between an internal or private network and the Internet, configured to provide access to untrusted or unauthorized users. DMZ-based VPN is a virtual private network with two firewalls that protect the Internet and the edge of the private network, but provide access to users.
A ______ research is when the buyer looks for information beyond their personal knowledge to help make a purchase decision, such as checking the Internet, asking a friend, or visiting a showroom.
Answers
Answer: External
Explanation: External research can be explained as additional information collected beyond a person's personal knowledge or experience to influence the person's decision about a particular product or topic. This additional information may include: information sought by friends and family, internet or online research on relevant websites, blogs or publications.
Therefore, a buyer who asks a friend, consults the Internet or visits a showroom, or asks other questions beyond his personal knowledge to make a purchase decision, is doing an external search.
In HTML for a three-column layout, a side, a main element, and a side are encoded inside a body element. Then, to use float to arrange the top and side elements in left-to-right order on a web page, you can use CSS to a. float the first side to the left b. float the main content in the center and let the side parts flow around it c. float both sides and main content to the left d. float the first side to the left and the second side to the right
Answers
Respondent:
w. float both sides and the main content to the left.
Explanation:
The CSS float property decides the placement of an element within its container, the CSS float property allows you to place block-level elements next to each other instead of on top of each other. The buoy: left; The property allows you to float the element to the left of its container.
Respondent:
w. float both sides and the main content to the left
Explanation:
Web development is the creation and development of web pages. HTML, CSS, and JavaScript are examples of web development programming tools.
HTML is a markup language used to describe the content of a web page. CSS or Cascading Style Sheet is used to describe, parse the web page in a browser, JavaScript is used for interactive programming.
The float attribute in CSS is used to position the element, embedded after each declaration. Therefore, if a side element, main content, and another side element (arranged in that order) are to be arranged in a three-column row, all three elements must float to the left.
FAQs
The objectives of _________ are to link corporate strategy and IT strategy, approve allocation? ›
Corporate strategy at its core concerns itself with the entirety of a business, where decisions are made in regard to its overall growth and direction. Ultimately, corporate strategy strives to create value, develop a unique marketing advantage, and seize maximum market share.
What are the objectives of corporate strategy? ›Corporate strategy at its core concerns itself with the entirety of a business, where decisions are made in regard to its overall growth and direction. Ultimately, corporate strategy strives to create value, develop a unique marketing advantage, and seize maximum market share.
What are the 4 pillars of corporate strategy? ›In our experience working with more than 30 Fortune 100 companies, executives consider the four dimensions of corporate strategy: analysis, proactiveness, defensiveness and futurity.
What are the four strategic objectives? ›Consider all four “perspectives” when creating strategic objectives. The Balanced Scorecard has four perspectives—financial, customer, internal processes, and people (learning and growth).
What is involved in corporate strategy quizlet? ›Terms in this set (19) Define corporate strategy. The decisions that senior management makes and the goal-directed actions it takes in the quest for competitive advantage in several industries and markets simultaneously.
What are the 3 key corporate objectives set by businesses? ›Therefore, management sets goals to provide a clear and agreed focus on where the business is going. Business objectives can be related to growth, profit, and market share. And a business may have more than one objective.
What are the elements of strategy? ›These five elements of strategy include Arenas, Differentiators, Vehicles, Staging, and Economic Logic. This model was developed by strategy researchers, Donald Hambrick and James Fredrickson. To achieve key objectives, every business must assemble a series of strategies.
What is the concept of corporate strategy? ›Corporate strategy defines the destination towards which a business should move. That decision shapes all the strategies and activities in every other part of that business. A firm's management must consider how to gain a competitive advantage in business areas the firm operates in.
What is an example of a corporate strategy? ›A company's corporate strategy may be to focus on sales, growth or leadership. For example, a business might implement a corporate strategy to expand its sales to different markets or consumers. It may also use corporate strategy to prioritize resources.
What are the 4 strategic types? ›- Business strategy. A business strategy typically defines how a company intends to compete in the market. ...
- Operational strategy. Operational strategies focus on a company's employees and management team. ...
- Transformational strategy. ...
- Functional strategy.
What is 4 strategic analysis? ›
It stands for political, economic, social, legal, and environmental analysis, which determines the factors that affect the environment based on external strategic analysis.
What are the 4 components of a strategy statement? ›The Important Components of a Strategy Statement are:
Business Goals. Core Values. Mission and Vision. Strategies, Objectives, and Operational Tactics.
- Gather Information.
- Set objectives of the plan.
- Devise strategies to meet goals.
- Implement your plan.
- Monitor plan performance.
- Evaluate the effectiveness/success of your plan.
Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.
What are the 5 corporate strategy? ›Types of Corporate Level Strategy – 5 Main Strategies: Stability Strategy, Expansion Strategy, Retrenchment Strategy, Defensive Strategy, Growth Strategy and a Few Others.
Who makes corporate strategy? ›But the corporate strategy for any organization is always formulated by the very highest level of leadership in the company.
What does a corporate strategy focus primarily on ____? ›At the corporate level, strategy primarily consists of decisions regarding the businesses that the company should be in and what resources should be allocated to those businesses.
Is business strategy part of corporate strategy? ›Business and corporate-level strategies differ primarily in their objectives. A business strategy focuses on competing in the marketplace, while a corporate strategy focuses on business growth and profits. Corporate strategies function at a higher level than business strategies.
What are the three 3 parts of objectives? ›- Cognitive objectives emphasize THINKING,
- Affective objectives emphasize FEELING and.
- Psychomotor objectives emphasize ACTING.
- Process objectives. These are the objectives that provide the groundwork or implementation necessary to achieve your other objectives. ...
- Behavioral objectives. ...
- Community-level outcome objectives.
What are the three main types of corporate strategy quizlet? ›
There are three main types of corporate strategies - growth, stability and renewal.
What are the levels of strategy? ›The three levels of strategy are corporate level strategy, business level strategy, and functional level strategy. We explain the differences and how to apply them in your organization.
What is functional strategy? ›A functional strategy is concerned with different functional areas in an organization. These include technology, marketing, finance etc. Organizations are as successful as their functional level strategy. Whether it's production or advertising, each function of your organization should work in tandem with the rest.
What is corporate strategy and responsibility? ›It investigates how to lead an organisation through the analysis, strategic positioning, concept application, and decision-making phases of corporate strategy that achieve organisational goals.
What are the themes of corporate strategy? ›Strategic themes are often similar from organization to organization. Examples include Business Growth, Operational Excellence, Customer Service Excellence, Innovation, and Sustainability.
How do you evaluate a corporate strategy? ›- Establish standards. ...
- Measure performance. ...
- Analyze results. ...
- Make adjustments. ...
- Set goals. ...
- Internal consistency. ...
- Consistency with the environment. ...
- Appropriateness within your available resources.
- Vision and objectives. A business strategy is intended to help you reach your business objectives. ...
- Core values. ...
- SWOT (strengths, weaknesses, opportunities and threats) ...
- Tactics and operational delivery. ...
- Resources and resource allocation. ...
- Measurement and analysis.
- Business Strategy: A business strategy focuses on developing a long-term plan of action to achieve a company's goals, such as increasing profits or market share. ...
- Corporate Strategy: Corporate strategy is a plan of action that defines how a company will reach its goals and objectives.
Phase 4: The Strategic Planning phase lays out process flows to develop a long-term strategic plan to guide leadership's decision-making and to develop a nearer-term strategic operating plan to guide staff's implementation.
What are the four 4 phases in strategy formulation? ›The four phases of strategic management are formulation, implementation, evaluation and modification.
What are the 4 phases of strategy framework? ›
The following steps ensure that plans are used to guide the work of the organization: Communicating or "marketing" the plan, • managing the implementation of the plan, • supervising the actual work, and • monitoring and reporting progress on the plan.
What are the 7 elements of strategy? ›- Step 1: Environmental Scan. ...
- Step 2: Internal Analysis. ...
- Step 3: Strategic Direction. ...
- Step 4: Develop Goals and Objectives. ...
- Step 5: Define Metrics, Set Timelines, and Track Progress. ...
- Step 6: Write and Publish a Strategic Plan. ...
- Step 7: Plan for Implementation and the Future.
- Stability strategy. The stability strategy is when you proceed in working with clients in your industry. ...
- Expansion strategy. ...
- Retrenchment strategy. ...
- Combination strategy. ...
- Diversification. ...
- Forward or backward integration. ...
- Horizontal integration. ...
- Profit.
What are the four basic elements of strategic management? Four basic elements to create a tactical strategic management plan includes; situational analysis, strategy development, strategy execution, and strategy evaluation.
What is step 3 of decision making? ›Step 3: Identify the alternatives
As you collect information, you will probably identify several possible paths of action, or alternatives. You can also use your imagination and additional information to construct new alternatives. In this step, you will list all possible and desirable alternatives.
- Define the problem or need: ...
- Analyze the issue at hand: ...
- Implement and communicate: ...
- Learn from the process and the outcome:
The third step in the decision-making process is to evaluate the options.
What are the three primary purposes of strategic objectives? ›- your mission - defining your business' purpose.
- your vision - describing what you want to achieve.
- your plan - outlining how you want to achieve your ultimate goals.
- Specific – Increase recurring revenue in 2021.
- Measurable – Achieve a 25% increase versus one year earlier.
- Attainable – Improve upon 2018 performance with 15% increase through new customers and reduced churn.
- Relevant – Revenue is the engine that drives our profitability.
There are four types: stability, combination, retrenchment, and expansion strategy. It is different from the business strategy because business strategy surrounds and focuses on a specific business unit.
What are the three 3 strategies under corporate level international strategy? ›
Key Takeaway. Multinational corporations choose from among three basic international strategies: (1) multidomestic, (2) global, and (3) transnational. These strategies vary in their emphasis on achieving efficiency around the world and responding to local needs.