Examlex
Which of the following is an accurate description of the control equation?
Business Strategy
A plan of action designed to achieve a company's long-term goals and compete effectively in the market.
Environmental Strategy
A plan of action adopted by an organization to interact with its environment in a sustainable and beneficial manner, often with the goal of reducing negative environmental impact.
Functional Strategy
A specific approach taken by a department or unit within an organization to achieve its goals and contribute to the overall business strategy.
Operating Strategy
A plan that outlines how a business will use its resources to achieve its objectives and maintain competitive advantage.
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