Examlex
Which of the following statements is true?
Tactical Strategy
Short-term focused actions and plans developed to achieve specific parts of a larger strategic goal.
Strategy Formulation
The process of creating strategies to achieve organizational goals, typically involving analysis, planning, and decision-making.
Strategic Crafting
The deliberate planning and adjustment of strategies to better align with the changing business environment, ensuring an organization remains competitive and effective.
Strategic Outsourcing
The process of contracting out specific business functions or processes to a specialized external service provider in order to improve efficiency, reduce costs, or focus on core competencies.
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