A _______ is an organization's chosen plan of action for outperforming its competitors and achieving superior outcomes.

Question

Quizplus · Accepted Answer

A strategy is a plan of action for achieving a specific goal or objective, such as outperforming competitors and achieving superior outcomes. A strategic vision is a statement that outlines an organization's long-term aspirations, while a mission statement defines its purpose and core values. A core competence is a unique strength or capability that gives an organization a competitive advantage. While all of these elements are important, the best choice for the given definition is strategy.

A _______ Is an Organization's Chosen Plan of Action for Outperforming