Question

Explain the concept of strategy. Discuss the models which are used for formulating business unit strategies.

Answer 1

ANSWER

In business, corporate strategy refers to the overall strategy of an organization that is made up of multiple business units, operating in multiple markets. ... Tools like Porter's Generic Strategies , the Boston Matrix , the ADL Matrix and VRIO Analysis will help with this type of high-level analysis and planning.

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Answer 2

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Concept of strategy,aimed at providing business involvement in political sphere formulating its view overall.