Question

FEG inc. has no clearly-defined strategy. This type of strategy is known as?

1) Undefined strategy
2) Ambiguous strategy
3) Incoherent strategy
4) Unstructured strategy

Answer 1

FEG Inc., with no clearly-defined strategy, displays what is known as an Ambiguous strategy,

resulting in potential confusion and inefficiency within the company.

Step-by-step explanation:

A company like FEG Inc. that has no clearly-defined strategy is said to exhibit an Ambiguous strategy.

This term refers to an approach to strategic management that lacks precision, is open to multiple interpretations, or is not clearly connected to the organization's goals and objectives.

This can lead to confusion and inefficiency within the company, as employees and managers may not have a clear direction in which to focus their efforts.

The type of strategy that FEG Inc. has, where it lacks a clearly-defined strategy, is known as an Incoherent strategy. An incoherent strategy is characterized by a lack of clarity and direction, making it difficult for the company to achieve its goals.