Strategy is a ______.

long term plan

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medium term plan

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short term plan

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all of the above

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Solution

The correct option is D all of the above
Strategy is long term, medium term as well as short term plan. Long term includes corporate strategies, medium term includes business unit strategies and short term includes functional strategies. Different strategies are decided at their level by their heads.

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(a) a long term liability

(b) a short term liability

A Treasury Bill is basically

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(b) An instrument to borrow long-term funds

(d) None of the above

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