An organization's strategy is its

Question

Quizplus · Accepted Answer

An organization's strategy is its overall concept of how it will achieve its objectives. It involves making choices about where to allocate resources, how to compete in the market, and what actions to take to achieve success. Strategy guides an organization's decision-making and helps it to prioritize its activities to achieve its goals. While D may be a component of developing a strategy, it is not the sole definition of strategy. A and C represent more specific aspects or components of a strategy.

An Organization's Strategy Is Its