Startegic Management

Feb 3rd, 2012
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University of Phoenix
Course: Business and Management
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explain strategies used by corporate level and business level Corporate level strategy incorporates the strategic scope of the whole organization. For most organizations, the only strategic plan required is the corporate strategic plan. It focuses on defining which businesses the company should venture in. On the other hand, business strategy brings about a competitive advantage within a business sector. Corporate level strategy if defined in relation to differences in the deployment of a company’s resources among the portfolios of the industry whereby all business firms compete. Single business entities have the advantage of focus and swift response but are susceptible to problems in their industry.

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STRATEGIC MANAGEMENTNameStudent NumberInstructor's NameDateCorporate level strategy incorporates the strategic scope of the whole organization. For most organizations, the only strategic plan required is the corporate strategic plan. It focuses on defining which businesses the company should venture in. On the other hand, business strategy brings about a competitive advantage within a business sector.Corporate level strategy if defined in relation to differences in the deployment of a company's resources among the portfolios of the industry whereby all business firms compete. Single business entities have the advantage of focus and swift response but are susceptible to problems in their industry. The corporate strategy in these countries must validate the advantage of being active in a single industry while assessing business opportunities in areas with corresponding a

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