Course Solutions Uncategorized Strategy Important Q34196020

Strategy Important Q34196020

What is strategy? Why is important?

Expert Answer


1st part:

The strategy is the defined processof planning that is utilized to obtain a desired future byfulfilling goals and bringing the solution to the problem. In asimple way, it can be said that it is the blueprint in which thepath is already defined, based on the path the organization or anygoverning body will work to make things better.

The organization basically maintainsthe process of strategy to achieve long-term goals in the businessand through the utilization of the strategy they lead a successfulbusiness by avoiding future problems that comes in the way

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