Option (a.) business strategy is the correct answer.
Business strategy is a leadership plan that achieves a specific set of goals or objectives.
A leadership development plan is what?
- A strategic plan known as a leadership development plan is created to assist employees in acquiring and developing leadership skills and preparing them for management and leadership roles within a business.
- This strategy is typically systematic, long-term, and tailored to a certain employee's and an organization's needs.
What is Business strategy ?
- Business strategy describes how a company will compete in a specific market or markets with a product or a number of products or services. It is a clear set of plans, actions, and goals.
- These choices lead to the development of four generic business-level strategies: (1) wide cost leadership; (2) broad differentiation; (3) focused cost leadership; and (4) focused differentiation.
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