What Do You Mean by Business Strategy?

“Demonstrate the steps involved in

Forming,

Implementing,

Reviewing,

&

Developing

A Business Strategy

For an

Organisation

With

Particular reference

To its

Significance

For the

Stakeholders.”

Table of Contents

1. Introduction of Business Strategy 4

2. Principals of Business Strategy 5

3. SWOT Analysis 6

4. Significance of Stakeholders 7

5. Case Study of Virgin Atlantic Airline 8

6. SWOT Analysis of Virgin Atlantic 8

7. Financial Plan of Virgin Atlantic 10

8. Conclusion 11

9. Reference 12

Introduction:

What do you mean by Business Strategy?

A long-term approach to implementing a firm's business plans to achieve its business objectives is called as Business Strategy.

Business Strategy means in simple word is to maximize the opportunity and minimize the crisis, such a plan is not done annually; it is done when the opportunity or the need arises.

Business Strategy is not