What is a corporate strategy? WhWhat is a corporate strategy? Why is it important for a small...
Question:
What is a corporate strategy? Why is it important for a small business to identify a corporate strategy? What are possible consequences that a small business may experience if it does not have a defined corporate strategy?
Strategy Plan:
A strategic plan is a documentation that is established by the management of a firm to show the direction in which the company will follow. It helps the managers to examine where the company is and where it is heading, thus proving a purpose for work done as well as ensuring prioritised work is done on time.
Answer and Explanation:
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View this answer(a.) Corporate strategy is the hierarchy of events defined by an organisation to be followed to achieve set goals and objectives. This is usually a...
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