Question : Name the type of plan in which the move of competitors is considered?
Option 1: Budget
Option 2: Rule
Option 3: Strategy
Option 4: Method
Answer (1)
11th Jan, 2024
Correct Answer: Strategy
Solution :
A strategy is a comprehensive plan to achieve the organisational objective. The dimension of strategy are : the move of competitors is considered, Determining long term objective, Adopting a particular course of action, Allocating resources for achieveing the objective.
Hence, option 3 is the correct answer.
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