Question: It is correct about strategy: Question 2 options: Strategy is a process designed to provide the firm with information about the industry and competition. Strategy

It is correct about strategy:
Question 2 options:
Strategy is a process designed to provide the firm with information about the industry and competition.
Strategy describes detailed action plans to reach the firm's objectives and is short term in nature.
Long term goals are not used to formulate corporate strategies.
Strategy is a higher level, broad goal without a lot of specifics and long term in nature.

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