What is business management strategy?

What is business management strategy?

Business management strategy is an approach to leading an organization or business. It involves crafting a mission and vision, setting objectives, and developing a plan to achieve those objectives. It also entails making decisions about how to allocate resources, hiring and training staff, and developing a culture that reflects the organization's values. It is a comprehensive approach to maximizing business success and improving the long-term viability of a business. By taking a strategic approach to management, businesses can identify opportunities for growth and ensure that they have the right people and resources in place to take advantage of them.

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