What is the conscious systematic process of making decisions about goals and activities that a person group work unit or organization will pursue in the future?

Industry Growth: growth rates for the entire industry and key market segments, and projected changes in patterns and determinants of growth.

Industry Forces: threat of new industry entrants, threat of substitutes, economic power of buyers/customers, economic power of suppliers, and internal industry rivalry.

Competitor Analysis: goals, strategies, and weaknesses of each major competitor.

Legal Trends: legislation and regulatory activities and their effects on the industry.

Political Activity: the level of political activity undertaken by organizations and associations within the industry

Social Issues: current and potential social issues and their effects on the industry.

Social interest groups: social interest groups: consumer, environment, and other activist groups that try to influence the industry.

Labor issues: key labor needs, shortages, opportunities, and problems confronting the industry.

Macro economic conditions: economic factors that affect supply, demand, growth, competition, and profitability within the industry.

Technological factors: scientific or technical methods that affects the industry, particularly recent and potential innovations.

What is the systematic process of making decisions about goals and activities that an organization will pursue in the future?

Is the conscious systematic process of making decisions about goals an organization will pursue in the future?

Which stage in the formal decision making process involves determining the value of adequacy of the alternatives that were generated?

What actions should be taken during the sixth and final stage of the decision making process choose every correct answer?