Strategy can be defined as:

Question $9$ options:

Process whereby new and improved products, processes, materials, and services are developed and transferred to a new plant or market where they are appropriate

The critical tools, methods, and systems employed in the creation of goods or in providing services

A coordinated set of actions that fulfill the firms objectives, purposes, and goals

The systematic gathering of information that leads to the generation of feasible alternatives for the firm

An industrial integration view of the firm based on industrial organization economics