Which of the following is a detailing process in the mission, objectives, strategies, and policies?

Strategy formulation

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Strategy implementation

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Strategic strategy

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Strategy achievement

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Solution

The correct option is A Strategy formulation
Strategy formulation refers to the process of building the mission and vision of the business where the main mission of the business with the major objectives for which the business was started is set up along with the strategies and policies to achieve those objectives and mission.

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