Practicing Success
Which of the following usually take the course of forming the organisation’s identity in the business environment. |
Rule Method Project Startegy |
Startegy |
The correct answer is option 4- 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. This comprehensive plan will include three dimensions, (i) determining long term objectives, (ii) adopting a particular course of action, and (iii) allocating resources necessary to achieve the objective. |