1. Elvis owns three recording studios across Tennessee. He has set a goal for his company of cutting costs in all his locations over the next three years. Elvis has set a (n)_____. Strategic goal Management guideline Tactical goal Business plan Operational goal

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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1. Elvis owns three recording studios across Tennessee. He has set a goal for his company of cutting costs in all his locations over the next three years. Elvis has set a (n)_____.

  • Strategic goal
  • Management guideline
  • Tactical goal
  • Business plan
  • Operational goal
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