Question

Which of the following is NOT a reason why strategy matters to businesses?

Answer 1

Answer:

Strategy is designed to achieve the stated goals of the firm . Thus , third option is wrong .

Answer 2

Why strategy matters to business:

• The strategic initiatives are the foundation for our organizations business consequences. The plan elucidates the vision and increases the arrangement across the organization.  

• It serves as the location point for decision making and the basis for each of your functions' outcome-based measurable plan.

• A strategic plan is one of the most appreciated efforts and assets for every organization. Our strategic plan emphases on our future. It is about what we will proactively do to create, organize and measure our success.

Hope it helped..