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Why is corporate-level strategy important for a company seeking rapid growth?

Why is corporate-level strategy important for a company seeking rapid growth?

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Answer #1

Below are some of the points why corporate level strategy is important.

  1. Because corporate level strategy defines organization missions and vision.
  2. Efficiently allocate the organizational resources.
  3. Enhances shareholders to organization.
  4. Maximize profit to the organization.
  5. Improves productivity in the organization.  

Due to all these reasons, corporate level strategy is important for a company which seeks rapid improvement.

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