what are the benefits of corporate strategies
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corporate-level strategy specifies actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets.
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Benefits of a corporate strategy: -
- Imagine new realities, and not remain content with past success or bemoaning past failures.
- We have vision and this generates motivation.
- We find it helpful to lead others, and manage resources.
- We get others on board and contributing.
- We get focused on implementation and measurements.
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