4. The basic role of a strategy is to provide
(A) Direction for action
(C) Setting procedures
(B) Direction for motivation
(D) Prescribing methods
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answer is direction for action
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- The basic role of a strategy is to provide Direction of Action.
- A strategy is a plan or a set of plans of action which is formulated by the management or the development team in order to attain long term organizational objectives or the overall aim of the firm.
- A strategy sets up the basic plan and procedures which need to be followed to meet the goals of the firm. It provides the direction of action to be followed by the employees in a systematic manner for the smooth functioning of the business.
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