What is strategy Essay Example | Topics and Well Written Essays - 250 words

What is strategy - Essay Example In order for a company to attain its goals and objectives, it has to put in place the means it will use to attain this. Therefore, it is a means of attaining these goals and objectives in a business should be strictly followed. Precisely, strategy can be defined as the means of reaching the end, what is used, how it is used and carried out in order to achieve the objectives and goals and objectives, and what are the expectations of the surrounding. Therefore, strategy refers to where the business needs to be in a certain time, which activities it should conduct, and who are its competitors. Moreover, what it should do to be better than its competitors, what resources should it use, what are the main challenges that the business will face in the market and what are the expectations of those around them (Riley). In conclusion, strategy is the exact implementation of the plan and not the preventive measures or judgments of the plan and should be followed strictly in every