Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

What refers to future decisions defining the organisation's direction and scope in the long run?

Options:

Objectives

Strategy

Programme

Procedure

Correct Answer:

Strategy

Explanation:

The correct answer is option 2- Strategy.

A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. Thus, we can say a strategy is a comprehensive plan for accomplishing an organisation objectives.