Strategy is the best that works best. It provides broad guidelines about the Goals, Scope, Competitive Advantage and rationale why the firm should adopt a certain path. Corporate level strategy is the process of defining the overall character and purpose of the organization. It formulates the growth strategy in terms of sales, market share etc; stability strategy as how the firm can follow a safety oriented approach; retrenchment strategy as when to control the diversification and the combination strategy that amalgamates all. We at Students Assignments
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