The primary purpose of a business strategy is to ________.

Question

Quizplus · Accepted Answer

The primary purpose of a business strategy is to advance the firm's vision and objectives, which involves setting goals and developing plans to achieve them. While overseeing core competencies can be a part of this, it is not the primary purpose. Establishing an international brand and eliminating competing companies are not necessarily part of a business strategy, but may be outcomes of successful implementation of the strategy.

The Primary Purpose of a Business Strategy Is to ________