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What is business strategy?

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  • 1 decade ago
    Favorite Answer

    The short answer is -

    It is your plan for the business to develop, improve and prosper.

    You can find information on strategic management at

    http://en.wikipedia.org/wiki/Business_strategy

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  • Anonymous
    1 decade ago

    There is a million different ways of doing business.. some successful.. some not so successful.

    Read business textbooks for some textbook examples.

    Good strategy is generally doing things the best way for any business interest.

    Poor strategy is doing things with poor results.. many good businesses have been destroyed by poor strategy.

    Source(s): knowledge and experience
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  • 1 decade ago

    Your plan to make your business run efficiently while making profit. (It's what you plan to do with it and where you plan to take it in the future.)

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  • 1 decade ago

    Sort of .......Bsiness Plans

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