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Strategic direction

MFMuslim Farooque9y ago
what is the difference between strategic direction strategy, competitive strategy and growth strategy, and what are the linkages between them , are all 3 part of strategic options?
kengarrettkengarrettTutor9y ago#1
Strategic direction just means your strategic plan or the course of action that leads to the achievement of the goals of an organization. Competitive strategy is how you compete eg price, innovation, style. Competitive strategy is part of your strategic direction.
MFMuslim Farooque9y ago#2
Thanks alot for that sir, i wanted to know that then competitive strategy, growth strategy and strategic development are all part of possible strategic direction of the company and are in essence different strategies or they are one in the same
kengarrettkengarrettTutor9y ago#3
Yes, the same, more or less.
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