business strategy
Business strategy refers to a well-defined plan that outlines how an organization will achieve its long-term goals and gain a competitive advantage in its industry by making informed decisions regarding resource allocation, target markets, and value propositions.
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Related Concepts (2)
Similar Concepts
- business analysis
- business development
- business dynamics
- business growth
- business investment
- business model innovation
- business models
- business planning
- business processes
- business reputation
- corporate strategy
- long-term business strategy
- marketing strategy
- small business strategies
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