Question

Define strategy. (Entrepreneurship Class 11th)

Answer 1

Answer:

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Explanation:

Strategy (from Greek στρατηγία stratēgia, "art of troop leader; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. ... It involves activities such as strategic planning and strategic thinking.

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Answer 2

Explanation:

it represents the set of decision, actions and reactions that first generates and then exploit over time , a new entry in the way that maximizes the benefits of newness by minimising its cost .

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