"Strategic" refers to the process of planning and making decisions to achieve specific goals or objectives. It involves analyzing the current situation, identifying opportunities and challenges, and determining the best course of action. This approach is commonly used in various fields, including business, military, and sports, to ensure effective resource allocation and long-term success. In a business context, a strategic plan outlines the company's vision, mission, and goals, along with the steps needed to reach them. This may include market analysis, competitive positioning, and the development of marketing strategies to enhance growth and profitability.