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A comprehensive plan that sets long-term objectives, adopts a course of action and allocates resources is a:

AStrategy
BProcedure
CSchedule
DReminder
Answer & Solution
Correct answer: A. Strategy
1. It gives the broad contours of the business. 2. It has three dimensions. 3. That is a strategy. _Source: syllabus Business Studies Part I, Chapter 4, Planning._
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