Strategy describes how a firm intends to create and sustain shareholder value.

Name: Strategy describes how a firm intends to create and sustain shareholder value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategy is the plan of action that a firm intends to take to achieve its objectives and create value for its shareholders. It involves making choices about how the firm will allocate its resources and compete in the market. The ultimate goal of strategy is to deliver sustainable long-term profits and growth for the firm's shareholders.

Strategy Describes How a Firm Intends to Create and Sustain