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MNG2601-26-S1

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A _____ is a situation that puts an organisation in a favourable position - a position advantageous in comparison with peers’ positions.
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Which one of the following can be regarded as a generic strategy?
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Consider the following list of variables to answer question:

1 The mission statement

2 Objectives of the organisation

3 Economic environment

4 Organisational resources

5 Social environment

6 Customers

7 The labour market and labour unions

8 Intermediaries

Which of the variables listed originate from an

organisation’s remote environment?

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The _____ is a document that describes an organisation’s core values.
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Which one of the following is a characteristic of the business environment?
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