Question : Which of the following is not a feature of strategy?
Option 1: It is formulated by middle level management due to its relative importance.
Option 2: It is dynamic in nature.
Option 3: It provides guidelines for thinking and action.
Option 4: It is formulated after considering internal and external environment.
Answer (1)
20th Jan, 2024
Correct Answer:
It is formulated by middle level management due to its relative importance.
Solution :
It is formulated by top management due to its relative importance. It provides the broad contours of an organisation business. It also involves the future decision defining the organisation direction and scope in the long run.
Hence Option A is correct.
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