Mind Map by Shahena Thanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu Cabina Vijendran en-us 2022-01-26 22:36:37 UTC 2022-01-27 19:01:26 UTC hello@padlet.com Corporate Level Strategies Used By Organizations shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014655289 2022-01-26 22:38:32 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014655289 Restructuring and Divestiture shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014663476 2022-01-26 22:47:05 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014663476 Global Strategies shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014664438 2022-01-26 22:48:10 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014664438 Growth and Diversification shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014665292 2022-01-26 22:49:13 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014665292 Co-operative strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014667111 2022-01-26 22:51:21 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014667111 E-Business Strategies shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014667410 2022-01-26 22:51:45 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014667410 Growth Through Concentration shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014681666 Definition: A growth strategy is a strategy for increasing a company's market share. A different territory. 

Example: international growth, a new group of clients, or a new method to reach customers. example: introducing an internet store to supplement your brick-and-mortar presence.(Parrick,2018)

]]> 2022-01-26 23:08:37 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014681666 Growth Through Diversification shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014696896 Definition: Diversification refers to expansion by the purchase of or investment in new and varied business sectors. 

Example: A vehicle firm, for example, may diversify by introducing a new model or expanding into a similar industry, such as trucks.(Grimsley,2021)]]> 2022-01-26 23:27:40 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014696896 Vertical Integration shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014700845 Definition: Vertical integration refers to expanding by purchasing suppliers or distributors. 

Example: When a vehicle company buys a tyre company, it aims for backward integration.(Hayes,2021)


]]> 2022-01-26 23:32:33 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014700845 shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014710255 By modifying the mix or lowering the volume of activities, a restructuring plan attempts to rectify weaknesses. Examples of restructuring are in the sales tax and property tax arenas. (Valentiam,2020)]]> 2022-01-26 23:44:13 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014710255 Turnaround shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014715176 Turnaround refers to a company's, economy's, or individual's financial comeback. An organization must recognize problems, evaluate modifications, and plan and implement a problem-solving strategy to achieve a turnaround. Examples are losses, bad corporate strategies and employee turnover are high. (Parrick,2018)]]> 2022-01-26 23:49:48 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014715176 Downsizing shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014717707
Downsizing reduces the scale of a company's activities, usually by lowering the number of employees.

Examples: Reduced workweek, Reduction in pay, and Temporary closure of the facility(Valentiam,2020)]]> 2022-01-26 23:52:42 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014717707 Divestiture shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014720148 Diversification minimizes the size of a business by selling off sections of it in order to emphasis on key skills, cut expenses, and increase operational efficiency. Example:If an automaker's competitiveness suffers a large and sustained decline, it may sell its financing division to fund the development of a new line of vehicles. Business divisions that have been divided up may be spun off into their own firms.(Grimsley,2021)]]> 2022-01-26 23:55:22 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014720148 Globalization strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014743000 Standardized products and promotion are utilized internationally as part of the globalization plan.
Example: Commodity trade, such as coffee or avocados. Coffee is claimed to have originated in Ethiopia and is widely eaten in the Arab world. Nonetheless, it is currently renowned as a worldwide consumed product as a result of economic commerce after the 11th century.(Spacey,2020)

]]> 2022-01-27 00:20:03 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014743000 Multi-domestic strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014779105 The multi-domestic strategy tailors products and advertising for usage throughout the world.
Example: Nestlé employs a distinct marketing and sales strategy in each of the markets where it operates. Furthermore, by supplying various items in different markets, it adjusts its products to local tastes.(Global,2021)


]]> 2022-01-27 00:50:44 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014779105 Transnational strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014786085 The transnational approach aims to improve global operations while also paying attention to local markets. Example:Around the world, big fast-food franchises such as McDonald's and KFC rely on the same brand names and key menu items. These businesses also cater to local preferences. Wine may be purchased in McDonald's in France.(Lutkevich,2021)]]> 2022-01-27 00:56:52 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014786085 B2B e-business strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014794263
IT and online portals are used in B2B business strategy to connect firms vertically in supply chains. Example Customer Pain Point Analysis ,referral Programs and Marketing with Influencers.(Mastri,2019)


]]> 2022-01-27 01:03:33 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014794263 B2C e-business strategy shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014798434 IT and online portals are used in B2C business strategies to connect businesses with clients. Example the majority of B2C items are at lower price ranges with only one or two decision-makers... sales reps would be sales reps selling automobiles, gym memberships, or audio systems.(Muskan,2021)]]> 2022-01-27 01:07:07 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014798434 Strategic Alliance shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014804045 Strategic alliance is Organizations form a partnership to accomplish a mutually beneficial goal.Example Spotify and Uber partnership is an example of a strategic partnership between two firms. These two firms are boosting their client base as a result of their partnership by allowing uber passengers to control the radio.(Edwards,2014)]]> 2022-01-27 01:11:32 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014804045 Co-petition shahenathanendran https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014806996 Co-petition is a method for collaborating with competitors on initiatives that benefit both parties. Example way specialised social media sites, like dating app Tinder, log users in using Facebook or Twitter credentials The login procedure is made easier with social logins. They're also more likely to attract new members to the niche site, while providing bigger competitors a foothold on the other platform.(Hayes,2021)]]> 2022-01-27 01:13:55 UTC https://padlet.com/shahenathanendran/reeaw055bmgrdxqu/wish/2014806996