The set of decisions and actions that result in the formulation and implementation of plans designed to achieve a company's objectives is defined as:

Question

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The description provided aligns closely with the concept of strategic management, which involves the development and execution of strategies to achieve organizational goals. Options A and B are somewhat synonymous and refer to the broader concept of the policies that a business operates under. Option D, tactics, refers to the specific actions taken to implement strategies and achieve goals, but does not encompass the entire process involved in strategic management.

The Set of Decisions and Actions That Result in the Formulation