Introduction
A strategy is essentially a high level plan that is used by an organization to achieve one or more goals under uncertainty conditions. The concept of strategy therefore becomes ever crucial when it is suspected or is known that insufficient resources are present to achieve the desired goals. It is thus about both attaining and maintaining an advantageous position over adversaries through successive exploitation of emergent or known possibilities rather that an institution committing to particular fixed plan that is actually defined at the onset. Strategy formulation is the task of a manager in every institution hence it is a requirement ...
