This essay focuses on behavior of customers and competitors. components to achieve a desired state in the future. Strategy results from the detailed strategic
Outline and explain key achievements for Abraham Lincoln Presidency. strategy
Strategy is an action that managers take to attain one or more of the organization’s goals. This 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”.
A strategy is all about integrating organizational activities and utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives. While planning a strategy it is essential to consider that decisions are not take in a vaccum and that any act take by a firm is likely to be meet by a reaction from those affect, competitors, customers, employees or suppliers.
Strategy is a well define roadmap of an organization. It defines the overall mission, vision and direction of an organization. The objective of a strategy is to maximize an organization’s strengths and to minimize