The role of strategy today is claimed to be
A)a unifying role underpinning all consequent decisions.
B)a means by which top management can communicate and gain commitment to a sense of direction.
C)a means by which top management can inspire and motivate the workforce.
D)all of the above.

Question

Quizplus · Accepted Answer

All of the given options are essential roles of strategy today. A unifying role underpins all consequent decisions and provides a sense of direction to the organization. A well-defined strategy helps top management communicate and gain commitment from various stakeholders. Additionally, it is also important for top management to inspire and motivate the workforce to achieve organizational objectives. Therefore, all the given options are significant roles of strategy in today's scenario.

The Role of Strategy Today Is Claimed to Be