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- Corporate-level strategies are plans that affect the whole organization and its long-term goals12.Examples of corporate-level strategies include12:
- Growth strategy: expanding the company's activities, such as entering new markets, launching new products, or acquiring new businesses.
- Stability strategy: maintaining the current level of performance and continuing the same activities.
- Retrenchment strategy: reducing the company's size or diversity, such as selling or closing certain businesses or divisions.
- Diversification strategy: adding new products or markets that are different from the existing ones.
- Cost-cutting strategy: lowering the expenses of the company, such as outsourcing, downsizing, or improving efficiency.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.These strategies usually span beyond one business unit or product line and focus instead on overall company goals such as growth, stability, and profitability. Examples of corporate level strategies include global expansion, diversification, mergers & acquisitions, outsourcing and cost-cutting measures.www.edureka.co/blog/corporate-level-strategies/Some of the key types of corporate-level strategy include:
- Growth Strategy: A corporation may decide to expand its activities. ...
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