A special kind of plan formulated in order to meet the challenge of competitors is called ........

Management ( Phase -I & II) General Management

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A special kind of plan formulated in order to meet the challenge of competitors is called:

Single use plan

Programme

Strategy

Projects

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Explanation:

Strategy is an action that managers take to attain one or more of the organization’s goals. Strategy can also be defined as “A general direction set for the company and its various components to achieve a desired state in the future. Strategy results from the detailed strategic planning process”.