Q3
What are the means by which long term objectives will be achieved?
A.
Strategies
AnswerB.
Policies
C.
Strength
D.
Opportunities
Answer: Option A
Solution
Answer: Option A
Solution:
Strategies are the means by which long term objectives will be achieved. Business strategies may include geographic expansion, diversification, acquisition, product development, market penetration, retrenchment, divestiture, liquidation, and joint venture.