Entity planning of major goals and objectives. Essential corporate actions mapped to a comprehensive, long-term plan. Market, product, and/or organizational development tied to acquisition, divestiture, diversification, joint ventures, and strategic alliances are all key factors in the objectives and the planning.

More On This Topic

Link to This Definition
Did you find this definition of GRAND STRATEGY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary