If you were asked for some advice about how strategy can help abusiness develop and grow, what are the areas in which you wouldsuggest that strategy could make a difference? What types ofcompetitive strategies are the most effective? Will the samestrategy work in most venues? Why or why not? Please explain usingown words.
Expert Answer
Strategy is a set of tactical moves needed to sustain and growin the marketplace. In order to earn the profits, one needs to becost effective in its processes, be it procurement or manufacturingor transportation or storage to name a few. By having a strategicoperational plan for
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