The strategy context is:
A) The external environment of the industry
B) The set of circumstances under which both the strategy process and strategy content are determined
C) The combination of needs expressed by stakeholder, shareholders and customers
D) The economic environment of the country in which an organization operates

Question

Quizplus · Accepted Answer

The strategy context refers to the set of circumstances or factors (internal and external) under which the strategy process and strategy content are determined. It includes factors such as industry environment, competitive landscape, organizational culture, resources, capabilities, stakeholder preferences, etc. Therefore, option B is the most appropriate choice. Options A, C, and D are incorrect as they refer to specific components of the context rather than the context itself.

The Strategy Context Is