What is strategy and how does it help in managing a company?

Question

Accepted Answer

Strategy is a plan of action designed to achieve a long-term or overall aim.

Strategy helps in setting clear goals and objectives for the company.
It helps in identifying the strengths and weaknesses of the company and its competitors.
It helps in making informed decisions and allocating resources effectively.
It helps in adapting to changes in the market and staying ahead of the competition.
Examples of successful strategies include Apple's focus on innovation and customer experience, and Walmart's focus on low prices and supply chain efficiency.

Accepted Answer

Hmari Strategy ye h ki hm apni company ko uchaeyo pr le jae . Or es target ko achieve krne ke liye hme kadi mehnat or honesty ke sath work krna hoga

Hme company ki power or weakness dono ko janna jruri h

Tbhi hm apna achcha performance de skte h

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