Question

A __________ is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. goal strategy tactic mission

Answer 1

A Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage..

What is Strategy?

• A strategy is a broad plan to accomplish one or more long-term or overall goals in the face of uncertainty.
• The phrase was first used in the 6th century C.E. in terms of the "art of the general," which covered a number of subsets of talents such as military tactics, siegecraft, logistics, etc. It was only in the 18th century that the term was translated into Western vernacular languages.
• The term "strategy" was then used to refer to "a comprehensive manner to try to attain political aims, including the threat or actual use of force, in a dialectic of wills" in a military war, in which both opponents engage.

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