mb52-rnreducation.docVIP

Subject code name MB0052- Strategic Management and Business Policy 1 What is strategy S ? Explain various level of S in an organization. a S comes from Greek word .It r.t military general combines stratus the army and ago to lead . Its concept started in the military over time, it entered Business.Its military S is to secure competitive advantage over rivals. Seven definitions of S are as As per Chandler 1962 ,we adopt courses of action for carrying out firm’s goals. As per Andrews 1962 ,plans for achieving goals are stated in such a way so as to define what business co is . As