A strategy is defined as a company's game plan for achieving its long-term objectives. It involves setting goals, determining actions to achieve those goals, and mobilizing resources to execute the actions. A strategy outlines how a company will compete in its market, manage its resources, and navigate challenges to reach its desired future state. It is a comprehensive plan that integrates the company's vision, mission, and competitive actions. This definition aligns with strategic management theories and frameworks, which emphasize strategy as a roadmap for long-term success (Porter, 1980; Mintzberg, 1987).
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