Q:
What is a corporate level strategy?
A:
Quick Answer
A corporate level strategy involves all the strategic decisions that are made by a company that affects the whole organization or company. Most organizations will only use this one strategic plan in all their operations.
Continue ReadingFull Answer
In a company where separate parts operate as viable entities, strategic corporate planning is a group exercise. Each part has its own procedures, process and plan. In such situations, the performance of the corporate planning plays a big role in the planning of each part or division. Companies with many divisions rely on corporate level strategy to allocate staffing, capital and other resources. Typically, corporate strategy is effective in making plans that affect all of the operations and processes of a company.
Learn more about CorporationsSources:
Related Questions
-
Q:
What is an international company?
A: An international company is an organization that has business operations in several markets across the globe. The company may have its headquarters in one ... Full Answer >Filed Under: -
Q:
How do you register an LLC through Sunbiz?
A: A business owner can register a limited liability company through Sunbiz by accessing the Sunbiz website, checking the availability of the business name an... Full Answer >Filed Under: -
Q:
What is a service company?
A: A service company refers to a firm that provides intangible goods or labor to a private consumer, government or any other organization. Such a company may ... Full Answer >Filed Under: -
Q:
What is the relationship between strategy formulation and strategy implementation?:
A: Strategy formulation and strategy implementation are interdependent processes designed to guide and ensure that a company or organization achieves its obje... Full Answer >Filed Under:
