According to the COSO ERM framework, which of following best describes the difference between strategy and business objectives? A.Strategy is the plan to achieve business objectives.B.Business objectives are the steps to achieve strategy.C.Strategy is the organization’s core purpose, and business objectives are what the organization aspires to achieve over time.D.Business objectives are broader in scope than strategy.

Given as, To explain the differences of the strategy and the business objectives using the given…

Answered: achieve business objectives. B.…

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 6MC: Which of the following is not true? A. Organizations share a common purpose or mission. B....

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According to the COSO ERM framework, which of following best describes the difference between strategy and business objectives?

A.	Strategy is the plan to achieve business objectives.
B.	Business objectives are the steps to achieve strategy.
C.	Strategy is the organization’s core purpose, and business objectives are what the organization aspires to achieve over time.
D.	Business objectives are broader in scope than strategy.