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Management Courses

Management Courses

Business Strategy

DESCRIPTION


Business strategy can be understood as the course of action or set of decisions which assist the entrepreneurs in achieving specific business objectives.

It is nothing but a 
master plan that the management of a company implements to secure a competitive position in the market, carry on its operations, please customers and achieve the desired ends of the business.

In business, it is the 
long-range sketch of the desired image, direction and destination of the organisation. It is a scheme of corporate intent and action, which is carefully planned and flexibly designed with the purpose of:
 

  • Achieving effectiveness,
  • Perceiving and utilising opportunities,
  • Mobilising resources,
  • Securing an advantageous position,
  • Meeting challenges and threats,
  • Directing efforts and behaviour and
  • Gaining command over the situation.
A business strategy is a combination of proactive actions on the part of management, for the purpose of enhancing the company’s market position and overall performance and reactions to unexpected developments and new market conditions.
Join VICE INTERNATIONAL INSTITUTE & PROFESSIONAL STUDIES, THE TOPMOST IN DELHI/ NCR REGION for a better understanding.

"BUSINESS RULE NO 1: YOU HAVE TO BELIEVE IT BEFORE YOU SEE IT"