The specific corporate strategy that a company chooses will depend on its unique goals and circumstances. Here are some examples.
Posts published in “WHAT IS STRATEGIC MANAGEMENT?”
Competitive advantage is a critical concept. It is what allows companies to succeed in competitive markets and generate profits for their shareholders.
In general, corporate strategy is how the business gets from where it is to where it wants to be in the future. It requires making the key decisions.
Without strategic management, business decision would be made only within each functional department, and without considering external constraints.
A Strategic Manager is a professional who is responsible for developing and implementing the long-term plans of a business organization.