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Which of the following is Professor Rivkins definition of strategy? (a) Strategy is concerned with the annual planning processes by which an organization determines its

Which of the following is Professor Rivkins definition of strategy? (a) Strategy is concerned with the annual planning processes by which an organization determines its annual targets and budget allocations. (b) Strategy is the integrated set of choices that positions the business in its industry so that it generates superior financial returns over the long run. (c) Strategy refers to an approach to business planning that is based on the objectives of the various stakeholder groups affected by the organizations activities. (d) Strategy refers to those aspects of management that are the responsibility of an organizations most senior managers.

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