Strategic Management Concept: definition,history
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In business and management,strategy is defined as “the blueprint of decisions in an organization that shows its objectives and goals,reduces the key policies, and plans for achieving these goals, and defines the business the company is to carry on".... What is strategy?... Introduction strategy seems to be a widely encompassing process that is applied in varied endeavors.... In business and management, strategy is defined as “the blueprint of decisions in an organization that shows its objectives and goals, reduces the key policies, and plans for achieving these goals, and defines the business the company is to carry on, the type of economic and human organization it wants to be, and the contribution it plans to make to its shareholders, customers and society at large” (Management Study Guide, 2012, par....