What is the primary aim of a strategy in an organisation?

Understand the Problem

The question is asking about the primary aim of a strategy within an organization, suggesting multiple choice answers that relate to competition, product development, environmental adaptation, and employee satisfaction.

Answer

The primary aim of a strategy in an organization is to set up a sustainable competitive advantage.

The primary aim of a strategy in an organization is to set up a sustainable competitive advantage.

Answer for screen readers

The primary aim of a strategy in an organization is to set up a sustainable competitive advantage.

More Information

A sustainable competitive advantage allows an organization to outperform its competitors consistently over time. The strategic focus on this ensures long-term success and stability.

Tips

A common mistake is confusing tactical decisions (short-term) with strategic ones (long-term). Focus on the long-term objectives and ensure they align with achieving a competitive edge.

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