Chapter 8: Corporate Strategy

Salam you guys.. :)

you know what? i have missed a chapter..it's about corporate strategy..ehehhehehehhhe.. sorry for the mistake ;)

i'll tell you a little about this chapter..about diversify,

A company is diversified when it is in two or more lines of business

Strategy-making in a diversified company is a bigger picture exercise than crafting a strategy for a single line-of-business

A diversified company needs a multi-industry, multi-business strategy

A strategic action plan must be developed for several different businesses competing in diverse industry environments..

there are 5 components of corporate strategy, which is :
- vision
-goals and objectives
-structure, systems and procedure
-make the corporation unique than other companies
-resources, effectively used and create value.

that's a little about it which i can understand..i need to study a lot to make me a better understanding

 thanks for reading
xoxoxoxooxoxox
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