Which of the following statements is true of strategy?
A) Strategy cannot be shifted by leaders.
B) Strategy defines the company's core values and reason for being, and it provides a basis for creating the vision.
C) Strategy involves making decisions every day based on what the organization wants to do and be.
D) Strategy is developed by leaders by reacting to environmental changes.

Question

Quizplus · Accepted Answer

Strategy involves making decisions every day based on what the organization wants to do and be, guiding actions towards achieving long-term goals.

Which of the Following Statements Is True of Strategy