STRATEGY Meaning and
Definition
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Strategy is a noun that refers to a plan, method, or course of action designed to achieve a specific goal or objective. It involves an organized and systematic approach to address complex problems or challenges, often in the context of competitive or uncertain environments. Strategies are typically developed and implemented by individuals, organizations, or governments to maximize their chances of success and gain a competitive advantage over rivals.
A well-crafted strategy takes into account various factors such as available resources, strengths and weaknesses, potential opportunities and threats, and the desired outcome. It requires careful analysis, critical thinking, and a clear understanding of the desired goal in order to choose the most effective approach. Strategies can encompass a wide range of activities and may involve multiple steps or stages that are sequenced and coordinated to achieve the desired outcome.
Effective strategies rely on careful planning and evaluation, as they lay out a roadmap for action and provide guidance on how to allocate resources and make decisions. They often involve making deliberate choices about where to focus efforts, which opportunities to pursue, how to overcome obstacles, and how to respond to changes or uncertainties in the environment. Strategies can be short-term or long-term, depending on the nature of the goal and the context in which they are developed.
Overall, strategy is a systematic and purposeful approach that guides decision-making and action, aiming to optimize outcomes and position an individual, organization, or government for success.
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The science of conducting complicated military movements.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for STRATEGY *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for STRATEGY
Etymology of STRATEGY
The word "strategy" has its roots in the Greek word "strategia", which is derived from two words: "stratos", meaning "army" and "ago", meaning "to lead". Therefore, the word "strategy" originally meant "the art of leading an army" or "the art of generalship". Over time, the term evolved and came to be used in a broader sense, referring to a plan or course of action designed to achieve a particular goal, not limited to military contexts.
Idioms with the word STRATEGY
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Barbell Strategy
The idiom "Barbell Strategy" refers to a financial investment strategy where an individual or organization adopts a balanced approach by investing their resources in extremely safe, low-risk assets on one end and more speculative, higher-risk assets on the other end. This strategy is similar to a barbell, with the bulk of investments focused at the two ends rather than spread evenly across the middle. The aim of the Barbell Strategy is to protect the overall portfolio from extreme losses while also seeking potential high returns.
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Defensive Investment Strategy
The idiom "Defensive Investment Strategy" refers to a conservative approach to investment that aims to mitigate risk and preserve capital rather than seeking high returns. It involves allocating investments towards stable and low-risk assets, such as bonds, dividend-paying stocks, or defensive sectors that are less affected by market volatility. The main objective is protection against potential losses, even if it means sacrificing potential gains.
Similar spelling words for STRATEGY
- strait,
- start up,
- stertor,
- Stwart,
- sturtz,
- straits,
- stratagem,
- starting,
- stuart,
- sturdy,
- Stratton,
- starets,
- streater,
- strategical,
- stortz,
- stratify,
- straiten,
- start,
- startle,
- stratman,
- startup,
- starter,
- stratus,
- strategist,
- startling,
- straw hat,
- stratum,
- strate,
- Strite,
- strader,
- startled,
- strategic,
- strategian,
- strategics,
- Strawther,
- striatum,
- striate,
- stratis.
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