Corporate Strategy: The role of strategy in business is a video that is part of our MBA in a Box training on Udemy. Hope you will enjoy the video! Here's a link to the full course on Udemy: https://www.udemy.com/course/mba-in-a-box-business-lessons-from-a-ceo/?referralCode=F6026A89249995D14BCD The course covers five important modules: 1. Strategy 2. Management 3. Marketing 4. Decision making, negotiation, persuasion 5. Accounting A simple definition of the term strategy indicates these are ways companies achieve their goals. The word has been originally used in the military and more recently adapted for business. It descends from the Greek expression stratēgía, meaning “general ship” or commanding an army. Both armies and companies need strategies to use their resources in the most effective way and to establish a favourable position.