What is Corporate Strategy? Write about its present status
Answers
Answer:
A group administrative measure undertaken by a company to achieve a premeditated target is called Corporate Strategy. The present-day corporate strategies are using globalized environment and modem technologies. The main aim of these strategies is maximizing the profits of the company......
Explanation:
Corporate strategy is a unique plan or framework that is long-term in nature, designed with an objective to gain a competitive advantage over other market participants while delivering both on customer/client and stakeholder promises (i.e. shareholder value).
A group administrative measure undertaken by a company to achieve a premeditated target is called Corporate Strategy. The present-day corporate strategies are using globalized environment and modem technologies. The main aim of these strategies is maximizing the profits of the company. This affects the people, society and a country negatively. Often, corporate strategies influence the decisions of the governments also. On the positive side, the same corporate companies can be employed to alleviate social problems like poverty, malnutrition, health, skill training and many other aspects of society through Corporate Social Responsibility (CSR) programs.
PLEASE MARK ME AS BRAINLIEST.......