Strategy is defined as the
A)decision concerning the products and services to be offered and the markets that will be served
B)overall direction a firm will take and the target markets the organization wants to pursue
C)general game plan or direction that an organization plans to follow in pursuit of objectives
D)actual decisions made and implemented to enact long-term strategies

Question

Quizplus · Accepted Answer

Strategy is the general plan or direction that an organization will follow in order to achieve its objectives. It is not just the decisions on products, services, or markets (A), nor is it only about the target markets (B) or the actual decisions made (D). Strategy encompasses all of these factors and more.

Strategy Is Defined as the