What is Strategy
Business Strategy: It is a course of actions which need to be implemented for the growth of business. All the certain set of activities designed for achieving the business goals are known as business strategies. Why it is Important : In this current competitive world of business where it is very difficult to move ahead and survive so here Entrepreneurs need a comprehensive innovative business strategies. These business strategies help you to achieve those objectives through which you need to stay ahead in the market. The main objectives required to achieve from business strategies are as follows. Growth of the business Mergers and Acquisitions Increase in the revenues Competitive advantage Stay in the business for the longer period of time Meeting Challenges and Threats Developing long term business teams Exploring new markets for the business development Acquiring advantageous Business Position. In every organization, business strategies vary on diff...
