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## 1. Strategy and Strategic Management
### **Definitions**
 * **Strategy:** A comprehensive and integrated plan that relates the strategic advantages of the firm to the challenges of the environment. It is the roadmap for achieving the organization's long-term goals.
 * **Strategic Management:** The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. It involves the systematic analysis of the factors associated with

## Environmental Appraisal
Environmental appraisal is the process by which an organization monitors its relevant environment to identify **opportunities** and **threats** affecting its business. It helps managers decide the future course of action and align the organization’s internal capabilities with external realities.
## Components of Environment
The business environment is often categorized into several key dimensions that influence how a company operates:
### 1. Economic Environment
This includes

                                                                                              Sedative-hypnotic drugs

1. Barbiturates (phenobarbital): historically sleep; now used                     3. Nonbenzodiazepines: specifically targeted for sleep therapy 

     for anticonvulsants or anesthesia                                                                - Risks: ↓ abuse risk, target action mechanisms 

import java.util.Scanner;

class Emp {
    private int id;
    private String name;
    private double sal, pf, hra;

    void set(int i, String n, double s, double p, double h) {
        id = i; name = n; sal = s; pf = p; hra = h;
    }

    void display() {
        double total = sal + hra - pf;
        System.out.println(id + " " + name + " Total: " + total);
    }
}

public class Main {
    public static void main(String[] args) {
        Scanner sc = new Scanner(System.in);

Methods of Protection of an Economy

Protectionism involves government policies that restrict international trade to help domestic industries.  

1.Tariff Barriers: These are taxes or duties imposed on imported goods to make them more expensive and less competitive against local products.  

2.Quotas: A direct restriction on the quantity of a specific good that can be imported during a given period.  

3.Subsidies: Financial assistance provided by the government to domestic producers, allowing