Question

You are working on expanding your corporation and need to set up the framework for achieving the goals. Which of the following would you work on?

a) Developing a mission statement
b) Creating a marketing plan
c) Setting SMART goals
d) Establishing a corporate culture

Answer 1

In order to expand a corporation, it is important to work on developing a mission statement, creating a marketing plan, setting SMART goals, and establishing a corporate culture.

Step-by-step explanation:

When expanding a corporation, there are several important areas to work on, including:

1. Developing a mission statement: This will serve as the guiding principle or purpose of the corporation.
2. Creating a marketing plan: This will outline the strategies and tactics to promote and sell the corporation's products or services.
3. Setting SMART goals: SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound. This approach helps in setting clear and attainable goals.
4. Establishing a corporate culture: This involves defining the values, beliefs, and behaviors that govern how the corporation operates and interacts with its employees, customers, and stakeholders.