Strategy is the process of positioning the organization in the competitive environment and implementing actions to compete successfully.

Question

Quizplus · Accepted Answer

Strategy involves determining the long-term goals of an organization and identifying the best approach to achieve those goals through effective competition in the marketplace. It involves analyzing the current competitive environment, understanding the strengths and weaknesses of the organization, and developing actionable plans to achieve success. Thus, the statement is true.

Strategy Is the Process of Positioning the Organization in the Competitive