Question

The basic strategy of an organisation is ________.

• A. grand or master strategy
• B. functional strategy
• C. stability strategy
• D. none of the above

Answer 1

Answer: (A)

grand or master strategy

The basic strategy of an organisation is termed as grand strategy. It is a corporate level strategy designed to identify the firm's choice with respect to the direction it follows to accomplish its set objectives. These are also called master or corporate strategy.