Strategy is ________. Question 27 options: 1) a quality of executive management that provides inspirational guidance and motivation to personnel, leading the firm to a better future 2) the pattern of shared values, behavioral norms, systems, policies, and procedures that employees learn and adopt 3) a planned set of actions that managers employ to make the best use of the firm's resources and core competencies to gain competitive advantage 4) the procurement of selected value-chain activities, including production of intermediate goods or finished products, from independent suppliers