What is the primary role of strategic management in achieving organizational goals?

CA Intermediate · Financial Management and Strategic Management · MTP · May 2026
What is the primary role of strategic management in achieving organizational goals?
(A) To ensure immediate profitability
(B) To provide a roadmap for achieving long-term objectives
(C) To eliminate the need for operational planning
(D) To focus solely on short-term gains

Suggested Answer and Working Notes:

Correct Answer: Option (B)

To provide a roadmap for achieving long-term objectives

Topics: Part B: Strategic Management

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic