What term describes the long-term plans for the whole organization to achieve its mission or vision?

• A. Strategy
• B. Tactics
• C. Vision Statement
• D. External Stakeholders

Answer: (A)

Strategy is the long-term plan the organization uses to achieve its mission or vision. It sets direction, prioritizes objectives, and decides how resources are allocated to position the organization over time. Tactics are the specific actions taken to carry out parts of the plan and are usually shorter-term. A vision statement describes the desired future state, serving as inspiration rather than the actual plan. External stakeholders are groups outside the organization that have interests or influence, not a planning concept.