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Why Strategy is important in business?
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[QUOTE="King bell, post: 247949, member: 75687"] A well-developed business strategy is one of the most important factors in the success or failure of a company. Without a clear strategy, companies can quickly lose focus and direction. A good strategy provides a roadmap for a company to follow and helps to ensure that all aspects of the business are working towards the same goal. A well-executed strategy can also help a company to adapt to changes in the market and to take advantage of new opportunities. It is important to remember, however, that a strategy is not a one-size-fits-all solution. A good strategy should be tailored to the specific audience and customer in order to avoid loss. [/QUOTE]
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