Question: True/False Indicate whether the statement is true or false. 1-In the strategic management process, the mission statement defines the organizational purpose and answers the question:
True/False
Indicate whether the statement is true or false.
1-In the strategic management process, the mission statement defines the organizational purpose and answers the question: "What is our reason for being in business?
2. Lower level managers within an organization are typically responsible for the functional strategic planning.
3. The first step of strategic management and planning process is to analyze the external environment and the current situation.
4. A flat structure is an organization with few levels and relatively large spans of management control at each level; while a tall structure is an organization with many levels and relatively small spans of management control.
5. Technology has an effect on the organizational structure.
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