EDUCATION (CBSE/UGC NET)

Detailed explanation-1: -The concept of strategy is borrowed from military and sports. Enterprises need business strategies for much the same reasons that armies need military strategies.

Detailed explanation-2: -The term strategy is derived indirectly from the Classic and Byzantine (330 A.D.) Greek strategos, which means general. Historians credit the Greeks for this term, though no Greek ever used the word.

Detailed explanation-3: -The term “strategy” is derived indirectly from the Classic and Byzantine (330 A.D.) Greek “strategos, ” which means “general.” While the term is credited to the Greeks, no Greek ever used the word.

Detailed explanation-4: -A military strategy is a theory of military success, and military success is defined by political goals, often simply called policy. Defining strategy as a theory gives some analytical leverage in evaluating strategies and some creative guidance in developing strategy.