________ specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Question

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Strategy is the process of determining an organization's long-term goals and objectives and then identifying the best approach for achieving those goals. It is typically based on a careful analysis of the organization's strengths, weaknesses, opportunities, and threats (SWOT analysis). By matching its own capabilities with the opportunities in the marketplace, an organization can create a strategic plan that maximizes its chances of success. Budget, coordination, communication, and pro forma statements may all be important components of a strategic plan, but they do not define the process of developing that plan.

________ Specifies How an Organization Matches Its Own Capabilities with the Opportunities