Which of the following best describes a strategy?
A) It is a comprehensive plan guiding resource allocation to achieve long-term organization goals.
B) It is the same as the mission of the organization.
C) It is the document expressing the organization's reason for existence in society.
D) It is the predominant value system of the organization as a whole.
E) It is a special strength that gives an organization a competitive advantage.

Question

Quizplus · Accepted Answer

A strategy is a comprehensive plan that outlines how an organization will allocate its resources to achieve its long-term goals. It includes a range of actions, tactics, and initiatives aimed at achieving the organization's desired outcomes.

Which of the Following Best Describes a Strategy