Final answer:
The means to achieve long-term objectives are Strategies (option A), which must consider the realistic strengths and weaknesses of an organization's environment.
Step-by-step explanation:
The means by which long-term objectives will be achieved are Strategies. When identifying goals, it is important to consider how these goals can be achieved, which requires careful planning and the development of effective strategies. Much like a practical approach to microeconomic policy that considers the of markets and government, organizations need to assess their own internal and external environments to formulate strategies that are achievable and appropriate.
Strengths of this approach include the potential for aligning the organization's resources with its opportunities and addressing any weaknesses or threats. However, some limits to this approach might be the resistance to change within an organization, the dynamic nature of the external environment, and the need for continual reassessment and adaptation of strategies.