Students of Business Management are often given assignments on corporate strategy. Simply speaking, corporate strategy is an array of decisions that a management of a company needs to take and adopt in order to achieve their organizational goals. The corporate strategy shows the direction in which the future activities of a company will be directed, and how the available resources are to be employed to achieve those goals. A corporate strategy is a very serious affair from a company’s point of view. A little mistake can lead to a huge loss, while perfectly adopted corporate strategy can make the company’s day-to-day activities towards those goals easier and faster.
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