Advertisements
Advertisements
Question
A strategy is a comprehensive plan which will not include this dimension.
Options
Determining long term objectives
Adopting a particular course of action
The ends which the management seeks to achieve by its operations
Allocating resources necessary to achieve the objective
MCQ
Advertisements
Solution
The ends which the management seeks to achieve by its operations
Explanation:
A strategy involves:
- Determining long-term objectives,
- Adopting a particular course of action, and
- Allocating resources necessary to achieve those objectives.
However, the ends which the management seeks to achieve are actually the objectives themselves, not a part of the strategy but rather what the strategy is designed to accomplish.
shaalaa.com
Types of Plans
Is there an error in this question or solution?
