First, one of the most important principles of the strategy is compromise. Any strategy requires trade-offs to gain an advantage in the competition platform (Niven, 2008). An organization must be inspired by what needs to be done to add value to its core business. Nevertheless, it must not strive to serve and meet the needs of all, but the basic needs of the Organization must be a priority and every effort must be made to achieve it. Nevertheless, some people believe that strategy is synonymous with good practice. To clearly understand what strategy is, it is important to consider the broad principles of the strategy. Despite the differences in importance attributed to the strategy, these key principles remain common elements in all definition groups provided by different scholars. Nevertheless, it is also important to keep in mind that strategy is always a means of achieving objectives and that, therefore, the key elements of the strategy remain universal in all this importance. In short, it is important to recognize that the document has examined the concept of strategy in a diverse way by examining the importance of the strategy, as provided by various authorities in the field of management and related areas.
These fundamental concepts are the mission and vision entities and the desired business strategy. However, all of these fundamental elements have other concepts and elements that need to be thoroughly evaluated when developing a concrete strategy for the Organization, regardless of the importance of the strategy adopted by the Organization. However, this definition does not contain some key planning elements. For example, objectives, missions and core values are not recognized, making the strategy complete in our time. In addition, Mintzberg pursues the strategy of being the position that reflects the choices to offer certain products or services in a given market. However, there are also some shortcomings in this importance, as it does not provide any means of providing these products or services in order to have a competitive advantage in the market. In addition, it is about how the strategy is a combination of goals that a company is committed to achieving, or what are commonly called goals, and the means that the company intends to use to achieve those goals or so-called strategies. Therefore, it is obvious that Porter takes the strategy to be the position and plans.