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Management · Q98

Management Accounting

Graduate and Post Graduate · Management · question 98

Q98

Way an organization matches its capabilities with available opportunities to accomplish its goals is called

A.
elasticity incurrence
B.
off shoring
C.
strategy
Answer
D.
engineering

Answer: Option C

Solution

Answer: Option C
Solution:
Way an organization matches its capabilities with available opportunities to accomplish its goals is called strategy. Strategy can also be defined as “A general direction set for the company and its various components to achieve a desired state in the future. Strategy results from the detailed strategic planning process”.