Generally speaking, a strategy is:
A)an action plan that guides resource investments.
B)a formal statement of what the business intends to do.
C)an expanded description of the business's mission statement.
D)most effective when it is designed to reflect the tactics that are common within an industry.

Question

Quizplus · Accepted Answer

A strategy is an action plan that provides guidelines for making resource investments. It involves identifying the company's goals, assessing market trends and competition, and determining how to allocate resources effectively to achieve those goals.

Generally Speaking, a Strategy Is