Business strategy and policy strategic management: competitiveness and globalization- concepts and cases, recently read that "vision without action is just daydreaming and action without vision is just passing the time. Good planning involves both vision (strategy) and action (implementation)." discuss what this means -- in real-life business terms.

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Business Strategy and Policy Introduction A business strategy refers to a set of specific but coordinated movements that provides the company a platform to gain a competitive edge over other players i... View the full answer