An organization defines its strategy through the tradeoffs it makes in choosing what to do and what not to do.

Question

Quizplus · Accepted Answer

This statement is true. Strategy involves making choices and tradeoffs in order to allocate resources and focus efforts on specific goals and objectives. Organizations must carefully decide what actions to prioritize and what initiatives to decline in order to align with their overall strategy.

An Organization Defines Its Strategy Through the Tradeoffs It Makes