stratagem

Vocabulary Word

Definition

'Stratagem' refers to an ingenious or clever plan designed to trick or outwit someone, usually employed to achieve an objective. It's like a crafty plan that helps you to win a game or solve a tough problem.

Examples in Different Contexts

In competitive markets, businesses often employ 'stratagems' to gain an edge. A business strategist might say, 'Our latest stratagem involves a surprise product launch to capture market share before competitors react.'

Practice Scenarios

Business

Scenario:

Our competitor's recent marketing approach has been very effective. We need to come up with an innovative way to level the playing field.

Response:

That's a great point. I believe developing a new pricing stratagem could be effective.

Tech

Scenario:

The recent surge in cyber attacks on our networks is alarming. We should adopt a more cunning approach to counter these threats.

Response:

You're right; we need a new security stratagem. Maybe using decoy servers can bait these attackers away.