Strategy-Definition and Features. The word strategy is derived from the Greek word strat gos; stratus (meaning army) and ago (meaning leading/moving). Strategy is an action that managers take to attain one or more of the organizations goals.Strategy can also be defined as A general direction set for the company and its various components to achieve a desired state in the future. Strategy results from the detailed strategic planning process.he word strategy is derived from the Greek word strat gos; stratus (meaning army) and ago (meaning leading/moving).
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