Define product strategy and explain the elements of product strategy.
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A product strategy is the foundation of a product life cycle and the execution plan for further development. The product strategy allows the business to zero in on specific target audiences and focus on the product and consumer attributes.
Product Strategy Definition
Product strategy is often called the roadmap of a product and outlines the end-to-end vision of the product and what the product will become. Companies utilize the product strategy in strategic planning and marketing to identify the direction of the company's activities.
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the corporate strategies has been the biggest challenge in from indian society since the beginning of 21st century . a group administrative measure undertaken by a company to achieve a premeditated target is called corporate strategy
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