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Strategic Management Quiz

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What is the definition of strategy according to Chandler?

The determination of basic long term goals and objectives of an enterprise and the adoption of courses of action for carrying out these goals

The short term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources for carrying out these goals

The allocation of resources for carrying out short term goals and objectives of an enterprise

The determination of basic long term goals and objectives of an enterprise and the adoption of courses of action and the allocation of resources for carrying out these goals (correct)