What is meant by the concept strategy by illustrating how it was transferred from the military to the business world?

The concept of strategy refers to a plan of action designed to achieve specific goals or objectives. It was originally developed in the military context, where commanders devised strategies to outmaneuver opponents and secure victories. This military concept was later adapted to the business world, where organizations employ strategic planning to identify competitive advantages, allocate resources effectively, and navigate market challenges. The transfer highlights the importance of foresight, adaptability, and resource management in achieving success, whether in warfare or business.