Do you thinkh there is anything called strategy?and if yes HOW does it really effect buisness basics?

Question

Do you thinkh there is anything called strategy?and if yes HOW does it really effect buisness basics?

Answer 1

every good business i have seen has a solid long range strategic plan that is reviewed and updated at least once per year. there are only so many things a company can possibly invest in and a strong strategy will set the tempo for many subsequent tactical decisions.