Choice of business strategy in management

In order to successfully adapt to changes in the external environment and at the same time maintain the course towards achieving the goals set, the organization must have a clear strategy. The need for a strategic approach to solving these problems makes it necessary to create a system of regular strategic management in modern organizations. The life cycle of the existence of each enterprise goes through the stages of creation, transformation and liquidation. Solutions related to attempts to manage the life cycle of a business and aimed at speeding up or slowing down the transition from one stage to another are among the most important strategic decisions. Objective laws of evolution and change in business are of paramount importance in the development of a strategy.