Strategy refers to an organization's long-term course of action designed to deliver a unique customer experience while achieving its goals. Option A is the closest answer that defines what a strategy is. Option B refers to a plan while Option C refers to objectives. Option D defines a mission statement, while Option E refers to a more specific plan like a business plan.

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Strategy Refers to

Question 39

Multiple Choice

Strategy refers to

A) an organization's long-term course of action designed to deliver a unique customer experience while achieving its goals.
B) an organization's corporate action plan.
C) statements of an accomplishment of a task to be achieved by a certain time.
D) a statement of the organization's function in society, often identifying its customers, markets, product, and technologies.
E) a road map for the entire organization for a specified future period of time, such as one or five years.

Correct Answer: