Comment briefly on the following statements:(a) Strategy is synonymo

Question

Comment briefly on the following statements:
(a) Strategy is synonymous with policies.
(b) 12 per cent of effective management strategy is knowledge and 88 per cent is dealing appropriately with people
(c) The evaluation of the strategy of an organization can be done qualitatively as well as quantitatively.
(d) Measuring in organizational performance is one of the important parts of strategy evaluation process.

11 Feb 2023

Answer :

Word Count : 248

(a) Strategy is not synonymous with policies. While policies are a set of rules and guidelines that govern the behavior of an organization, strategy refers to a broader plan for achieving the organization's goals and objectives. While policies play a role in executing the strategy, they are not the __________ ____ _________ __________ _________ ___ ________.
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