This document presents an overview of corporate level strategies. It defines strategy as a roadmap that provides an organization's mission, vision and direction. Corporate level strategies address high-level choices about a firm's direction to achieve objectives. The document outlines four approaches for corporate strategies: extend, expand, exit, and enhance. It also categorizes strategies as expansion, stability, or retrenchment strategies and provides examples like market penetration, market development, and product development. Specific expansion, stability, and retrenchment strategies are defined along with characteristics of corporate level strategies.
12. Arowwai Industries
EXPANSION
STRATEGY
expansion
Expand the company’s activities.When aims at
high growth by broadening the scope of one of its
businesses in terms of their respective customer
groups, customer functions and alternative
technologies in order to improve its overall
performance.
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TYPES OF EXPANSION
STARTEGY
Expansion Through
Concentration
Expansion Through
Integration
Expansion Through
Diversification
Expansion Through
Cooperation
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STABLITY
STRATEGY
it does not seek to invest in new
factories and capital assets, gain
market share, or invade new
geographical territories
Organization choose this strategy
when the industry faces slow or
no growth prospects
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67% 76% 50%
89% 60% 94%
A retrenchment strategy
helps an organization
reduce its operations or
cut expenses to achieve
a financially stable
position.
A RETRENCHMENT
STRATEGY