Question

__________ are the crucial steps companies perform to achieve their goals and objectives and implement their strategies.

Answer 1

Answer:

Critical Success Factors (CSFs)

Explanation:

Critical Success Factors (CSFs) are those the elements that companies will need to focus on to achieve their set goals.

The CSFs of a project need to be identified so that there will be less waste of resources on unimportant activities.

For example user involvement is key in a sales process because without buy in by staff execution will be poor.

Five CSFs are people, operations, marketing, financing, and strategic focus.