Final answer:
Strategy is a plan of action used to solve problems or achieve goals. It involves identifying the problem, setting objectives, and determining the steps or actions needed to accomplish those objectives.
Step-by-step explanation:
Strategy is a plan of action used to solve a problem or achieve goals. It involves identifying the problem, setting objectives, and determining the steps or actions needed to accomplish those objectives. For example, in the context of business, a strategy may involve developing a marketing plan to increase sales or implementing cost-cutting measures to improve profitability.
There are different types of strategies, such as trial and error, algorithm, and strategic planning. Trial and error involves trying different solutions until the problem is solved, while an algorithm provides step-by-step instructions for achieving a desired outcome. Strategic planning involves setting long-term goals and determining the actions needed to achieve them.