Monday, October 20, 2008

What is the purpose of strategy?

Stategy helps a business attain competitive advantage.. PERIOD. That is everything that a business does to gain competitive advantage in the market over its competition, in terms of all its components

components of strategy are marketing, cost, value, price, customers, production, manufacturing or any other elements in the value chain like

inbound logistics
operations
outbound logistics
marketing and sales
customer service

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