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Author Topic: Why do we need strategy in business?  (Read 166 times)
Makus
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Today at 06:22:36 AM
 #21

if you are thinking of starting up a business or an investment you must have a strategy, this is necessary for direction or having a clear focus so you don't end up settling for whatever level you it is you attain. it is better to have a fixed goal and something that you are working towards so that you can keep moving. people that remain static in their business or don't make any progress usually don't have a target that they focus on achieving, this doesn't make them improve and work harder. Having a strategy to executing those plans is also important.

Mr_Brilliant$
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Today at 07:57:30 AM
 #22

First of all,what is the meaning of strategy?
Strategy are those things that we do to convince our customers in other to remain in business..or you can also say that strategy is a pattern.
Why then is strategy important in our businesses?
For one to remain in business,you must have a way or pattern of doing things that your competitors may not know about.you also need to know how to convince those people that are interested in your goods and services ( customers), trying to let them know that your company is the best even when you have competitors around you.

When we want to invest in any kind of business either crypto, scheme,or even personal businesses, we need  to strategize in other to remain in business and also not to run lost.
Bruh first off, strategy isn’t what we use to convince our customers in other to remain in business. It is far from that, strategy is like a roadmap for your business, it is what bring about longitivtiy and growth in your business.. That part of you wanting to convince people to be interested in your good and service is called marketing, and yes you could be strategic with you marketing to get much sales and result..
In a nutshell strategy are just plan, the skeleton of the business, that birth the business in the real world..

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