Why Stratey

Strategy is more than just fit and allocation of resources. It is stretch and leveraging of resources-Prahalad 1993

Strategy plays an important role is success irrespective of whether it is personal or business life. A well defined strategy helps to allocate available resources effectively and efficiently.

Strategy is application of different techniques to achieve the desired results. In a business spectrum the top management or CEO of the business outlines the strategies.

Strategy is depend on the following points:

Vision
Mission

Stage of the business i.e Infant, Growth, Stability and decline