• What is Strategy?
• First Definition
•             Strategy is the method that the management of an organization uses in order to make great profits. Strategy provides the mechanism of which an organization uses in order to be successful (Sampson, 2006). Retrieved from an academic source that is written by Guy Sampson.
• Second Definition
•             Strategy is the plan that the management of an organization uses to accomplish specific outlined goals (Kourdi, 2009). Retrieved from an academic source that is written by Jeremy Kourdi.
• Third Definition
•             Strategy is the making of new ideas that will help in accomplishing the set goals of an organization. Strategy is the direction of which an organization uses within a certain period to achieve various set goals (Dunn, 2002). Retrieved from a non-academic source that is written by Dunn.
• Comparing and Contrasting the Three Definitions of Strategy
•             According to Sampson, organizations use strategy in order to make profits. An organization sets its strategy in a manner that at the end of every financial year, positive results are recorded (Sampson, 2006). Kourdi states that strategy of an organization ought to bear fruits at the end of the financial year (Kourdi, 2009). Dunn highlights that strategy helps in making recommendable outcome (Dunn, 2002).
•             However, according to Sampson, Strategy is all about making profits (Sampson, 2006). Kourdi states that strategy may be a plan in which organizations use to occupy the market of a certain geographical area (Kourdi, 2009). Strategy may apply to accessing the environmental factors affecting the business (Dunn, 2002).
• References
• Dunn, J. (2002, August 1). The great patent debate: burden on business or small price for creditors. CIO, 20-88 .
• Kourdi, J. (2009). Business Strategy: A Guide to Taking Your Business Forward. New York:         Bloomberg Press.

Sampson, G. F. (2006). Multi asset class investment strategy. New York: John Wiley and So