Question

Which of the following refers to a cluster of decisions concerning what organizational goals to pursue, what actions to take, and how to use resources to achieve these goals?
A. strategy
B. objective
C. motto
D. allocation
E. accomplishment

Answer 1

Answer:

Strategy

Explanation:

Strategy is  cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve goals. A business strategy  involves the formulation and implementation of the major goals and initiatives taken by an organization's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization operates . The formulation of strategy involves analyzing the environment in which the organization operates, then making a series of strategic decisions about how the organization will compete