Strategy is $\_\_\_\_\_\_\_\_.$

Group of answer choices

a quality of executive management that provides inspirational guidance and motivation to personnel, leading the firm to a better future

the pattern of shared values, behavioral norms, systems, policies, and procedures that employees learn and adopt

a planned set of actions that managers employ to make the best use of the firm's resources and core competencies to gain competitive advantage and accomplish organizational objectives

the procurement of selected value$-$chain activities, including production of intermediate goods or finished products, from independent suppliers