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A strategic plan assesses the current environment of a business, both internally and externally. It establishes future goals and targets and describes the strategies it will implement to reach them.” In other words, a business plan describes a current business or a specific new project.

Business Legal Advice

What are the Types of Business Strategy?

  1. Business (Competitive) Strategy.
  2. Functional Strategy.
  3. Operating Strategy.
  4. Organizational (Corporate) Strategy.

A business strategy is a plan that outlines how a company will achieve its goals. There are many different business strategies, but some common examples include cost leadership, differentiation, and focus.

What Are the Three Types of Strategy- And How You Can Apply Them!

  1. Business strategy.
  2. Operational strategy.
  3. Transformational strategy.