Question

What is meant by 'strategy' as a type of Plan?

Answer 1

strategic planning: An organization's process of defining its direction and making decisions on allocating resources to pursue that direction. standing plan: A strategy for achieving an objective that can be continually used or modified.

Answer 2

HERE IS YOUR ANSWER. .

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. ... A strategy describes how the ends (goals) will be achieved by the means (resources).




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