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In this world of globalization and competition, if someone wants to survive or make profit or to serve customer efficiently, he/she need to think strategically in the following lines:
1. Cost reduction through better sourcing and business process re-engineering?
2. To ensure lower cost of capital and add more product line to serve the customers better
3. To develop effective marketing mix for positioning the product to ensure more sales
So, for wide variety of reasons, strategic thinking is more important for business
