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What is always required by organizational objectives or goals?

1) Resources
2) Strategies
3) Planning
4) All of the above

User Rawnewdlz
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1 Answer

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Final answer:

To achieve organizational objectives or goals, all of the following are always required: resources, strategies, and planning. Together, they create a comprehensive approach that ensures goals are actionable, considering the limitations imposed by scarcity and the importance of efficient resource allocation.

Step-by-step explanation:

Organizational objectives or goals always require all of the above: resources, strategies, and planning. Resources include all of the ingredients needed for production such as materials, labor, technology, and capital. Strategies are comprehensive plans crafted to move toward achieving the organizational goals. Planning involves setting strategies into a coherent action plan, which makes goals achievable and appropriate.

To ensure these goals are specific and actionable, one must consider the 5 W's: Who, What, Where, When, and Why. A proper alignment of resources, strategies, and planning is crucial in the face of scarcity and the need for efficient resource allocation, enabling organizations to create value and navigate the complexities of the market.

User Val Bonn
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