Which of the following BEST describes business strategy?
A) a strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines
B) a strategy at the business-unit or product-line level that focuses on improving a firm's competitive position
C) a strategy by which managers in specific areas decide how best to achieve corporate goals through productivity
D) a strategy that assists first-line managers in making day-to-day decisions about motivating employees
E) a strategy that integrates an organization's marketing goals into a cohesive whole by focusing on the ideal product mix to achieve maximum profit potential

Question

Quizplus · Accepted Answer

B)Further, a strategy outlines how the business intends to meet its goals and includes the organization's responsiveness to new challenges and new needs.

Which of the Following BEST Describes Business Strategy