business strategy

Business Strategy

The principles guiding how a business uses its resources to achieve its goals. A strategy states a business's focus and indicates the basic steps the business will use to achieve it. The ultimate aim of any strategy is to make money, but each company takes a different (sometimes very different) approach to achieve this goal. Business strategies are widely studied and discussed in management consulting.
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business strategy

the formulation of long-term plans and policies by a firm which interlock its various production and marketing activities in order to achieve its business objectives. See FIRM OBJECTIVES, COMPETITIVE STRATEGY, HORIZONTAL INTEGRATION, VERTICAL INTEGRATION, DIVERSIFICATION.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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From business strategy to information technology roadmap; a practical guide for executives and board members.
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Long gets CEO post at Miller
In what can be viewed as the proverbial which-comes-first, chicken or egg scenario, businesses continue to grapple with a fundamental issue: Should a business strategy be formulated prior to conducting an enterprisewide risk assessment, or vice versa?
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Summary: New Delhi [India], July 13 (ANI): Chief Justice of India (CJI) Ranjan Gogoi on Friday said that Corporate Social Responsibility (CSR) should be integrated into modern business strategy.
CSR should be integrated into modern business strategy, says CJI Ranjan Gogoi

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