Critical thinkers make quick or rash decisions during the planning process.

In the office of every general manager of Sleep Tight Motels there is a small poster that reads, “We want to become the only place our customers want to stay for the night while traveling.” This is the vision statement for Sleep Tight Motels.

Mr. Gonzalez, the sales manager, told his sales team that he wanted them to write down their work goals for the year. To help his team achieve their stated goals, the next thing that he should ask for are each team member’s

A(n) ________ is a standing plan that outlines the general response to a designated problem or situation.

A business plan is a tool used by the federal government to determine how to strengthen the business sector through macroeconomics and microeconomics.

Strategic management is a process in the formulation, implementation, and execution of strategies and strategic goals to advance the purposes of the organization.

Prior to opening his business, Francois, the owner of The Crepe Factory, is writing a document that explains the reason for his business. This statement would be a part of his mission statement.

A(n) ________ is the declaration that expresses what the organization should become and where it wants to go strategically.