Strategy Is a Set of Choices
Product strategy is not a feature list. It is a coherent set of choices about:
<ul>
<li>which customers matter most</li>
<li>which problem you will solve for them</li>
<li>how you will be meaningfully different</li>
<li>what you will not focus on right now</li>
</ul>
A strategy creates focus. If it does not force trade-offs, it is probably too vague.

Which statement sounds most like a product strategy?

A long list of planned features is the same thing as product strategy.

What Good Strategy Usually Includes
A strong strategy usually makes these elements explicit:
<ul>
<li>target segment</li>
<li>core problem or job-to-be-done</li>
<li>unique value or differentiation</li>
<li>business logic for why the bet matters</li>
<li>key risks and assumptions</li>
</ul>
This gives teams a frame for making many smaller decisions consistently.

What makes a strategy useful to a product team?

If a strategy does not exclude anything, it is probably too broad to guide good decisions.

From Strategy to Bets
A strategy becomes actionable when it turns into specific bets, metrics, and decision rules.
For each major bet, ask:
<ul>
<li>What assumption are we making?</li>
<li>What evidence would increase or reduce our confidence?</li>
<li>What would success look like?</li>
</ul>
That is how strategy connects to day-to-day product work.

Which follow-up question best connects a strategic bet to execution?