Question:medium
A ___ is a special kind of plan formulated to meet the challenges of the policies of the competitors.
A ___ is a special kind of plan formulated to meet the challenges of the policies of the competitors.
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Remember: A \textbf{strategy} deals with long-term planning and competition, unlike routine procedures or rules.
Updated On: Jan 14, 2026
- Procedure
- Strategy
- Rule
- Programme
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The Correct Option is B
Solution and Explanation
A Strategy is a detailed, overarching plan for attaining significant long-term objectives and adeptly addressing external pressures, such as competitor activities. It is a strategic framework that dictates resource deployment, market standing, and crucial choices amidst unpredictability.
Explanation of Other Options:
Explanation of Other Options:
- (A) Procedure: A standardized or customary approach to task execution, not inherently designed for competitive contexts.
- (C) Rule: A rigid directive requiring adherence, devoid of adaptability.
- (D) Programme: An organized collection of actions or plans, but lacking a specific focus on competitive strategic intent.
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