Question

A firm's ________ is its plan or diagram for how it competes, uses its resources structures its relationship interfaces with
customers and creates value to sustain itself on the basis of the profits it generates.​

Answer 1

Answer:

A firm's _____modal ___ is its plan or diagram for how it competes, uses its resources structures its relationship interfaces with

customers and creates value to sustain itself on the basis of the profits it generates.

Answer 2

A firm's objective is its plan or diagram for how it completes use is its resources its relationship interfaces with the customers and creates value to sustain itself on the basis of profit it generates.

• The top administrative body of every business organization formulates certain plans of action which need to be followed by the employees in order to get the assigned task done in an efficient manner to generate profit for the firm.
• These policies and frameworks guide the employees to do the task efficiently.
• The framework should be carefully communicated to the employees and should be clear and precise.