🚀 Sign up for Our Complete Finance Training with 57% OFF: https://bit.ly/3SPJ29y The course covers five important modules: 1. Strategy 2. Management 3. Marketing 4. Decision making, negotiation, persuasion 5. Accounting A simple definition of the term strategy indicates these are ways companies achieve their goals. The word has been originally used in the military and more recently adapted for business. It descends from the Greek expression stratēgía, meaning “general ship” or commanding an army. Both armies and companies need strategies to use their resources in the most effective way and to establish a favourable position.