Learning Path
Question & Answer
Choose the Best Answer
B → A → C → D
A → B → D → C
B → C → A → D
A → C → B → D
Understanding the Answer
Let's break down why this is correct
You first set a clear vision and mission; that tells the whole company what it wants to achieve. Other options are incorrect because This order starts with a SWOT analysis before explaining the company's purpose, which leaves the analysis aimless; It jumps straight from vision to implementation, skipping the SWOT review that tells you what to focus on.
Key Concepts
Business Strategy
medium level question
understand
Deep Dive: Business Strategy
Master the fundamentals
Definition
Business strategy refers to the long-term direction and scope of an organization to achieve a competitive advantage in a dynamic environment. It involves leveraging resources and competencies to adapt to changes and drive success. Managers play a crucial role in contributing to strategic discussions and decision-making processes.
Topic Definition
Business strategy refers to the long-term direction and scope of an organization to achieve a competitive advantage in a dynamic environment. It involves leveraging resources and competencies to adapt to changes and drive success. Managers play a crucial role in contributing to strategic discussions and decision-making processes.
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