What is corporate strategy

What is meant by the term corporate strategy?

E

Expert

Verified

Corporate strategy explains the company’s overall direction in terms of its usual altitude in direction of growth and the management of its various businesses and the product lines. Corporate strategy comprises of the directional strategy, portfolio analysis and parenting the strategy, corporate strategies normally fit in the three major classification of the stability, growth and the retrenchment.

   Related Questions in Strategic Management

2015 ┬ęTutorsGlobe All rights reserved. TutorsGlobe Rated 4.8/5 based on 34139 reviews.