__________ refers to the purposes an organization strives to achieve

A. Strategic Intent

B. Strategic Formulation

C. Strategic Implementation

D. Strategic Control

Answer: Option A

Solution(By Examveda Team)

Strategic Intent refers to the purposes an organization strives to achieve. Strategic Intent can be understood as the philosophical base of the strategic management process. It implies the purpose, which an organization endeavor of achieving. It is a statement, that provides a perspective of the means, which will lead the organization, reach the vision in the long run.