What are strategies and what are its features?

Answer

Answer-

Startegies-

Strategy is a policy that has been formulated by the top level managers for the purpose of interpreting and shaping the meaning of other policies .

Features of strategy -

1.Strategy is an appropriate combination of various components.

2.Strategy forms a bridge between the organisation and its environment .

3.Startegy is a way to help us achieve the desired result ,it is not the goal or end in itself .

4.Top level formulates it and is based on assumed as well as estimated risk.

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