What are the dimensions to be considered as a firm is formulating and implementing its corporate strategy?
What are the dimensions to be considered as a firm is formulating and implementing its corporate strategy?
Through this reading, students will learn about the internal and external dimensions of a corporation that underpin its strategy. Internal facets include the firm's organizational structures, systems and processes, coordination, and controls. Externally, a firm's position (apparent corporate advantage) compared to peers or other diversified firms, businesses and resources are explored.