Business Strategy

Business strategy
(Task 1)

Table of Content
 Introduction
 Mission, vision, core competencies and goals
 Factors that have to be considered when formulating plans
 Effectiveness of techniques used when developing strategic
business plans
 References

Introduction
Strategy is an art of the planning which designed to get long
term goals and objectives. an important tool for every organi
zation as it helps in achieving organizational goals and objec
tives. It is an effective medium to measure overall performa
nce of business because it define systematic process which u
se by the company to define their goals.

Mission, vision, core competencies and goals
Business strategy is an effective process of an organization to
evaluate effectiveness of the company in appropriate manner.
It helps in taking better decision regarding various business a
ctivities.