asked 61.9k views
3 votes
The competitive moves and business approaches a company's management is using to grow the business, compete successfully, attract and please customers, conduct operations, respond to changing economic and market conditions, and achieve organizational objectives is referred to as its:___________

a. strategy.
b. mission statement.
c. strategic intent.
d. business model.
e. strategic vision.

1 Answer

4 votes

Answer:

A. Strategy

Step-by-step explanation:

A Strategy is the direction set for the an organisation and its various methods to achieve a desired goal and objective in the future. A strategy involves utilizing and allocating resources within the organisational environment in other for the organisation to meet its stated objectives. In simple words, strategy is the blue print that an organisation uses to achieve its objectives

answered
User Cherry Wu
by
7.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.