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    HRDM 18 Special Term # 2

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    nilo bia
    The document discusses different levels of strategy for business firms. It identifies three main types: corporate strategy, business strategy, and functional strategy. Corporate strategy involves high-level decisions about investment diversification, vertical integration, acquisitions, new ventures, and allocating resources across different business units. Business strategy focuses on how a company competes within a particular business. Functional strategy deals with how marketing, finance, production, R&D, and other business functions support the overall business strategy.

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    HRDM 18 Special Term # 2

    Uploaded by

    nilo bia
    24 views4 pages
    The document discusses different levels of strategy for business firms. It identifies three main types: corporate strategy, business strategy, and functional strategy. Corporate strategy involves high-level decisions about investment diversification, vertical integration, acquisitions, new ventures, and allocating resources across different business units. Business strategy focuses on how a company competes within a particular business. Functional strategy deals with how marketing, finance, production, R&D, and other business functions support the overall business strategy.

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    The document discusses different levels of strategy for business firms. It identifies three main types: corporate strategy, business strategy, and functional strategy. Corporate strategy involves high-level decisions about investment diversification, vertical integration, acquisitions, new ventures, and allocating resources across different business units. Business strategy focuses on how a company competes within a particular business. Functional strategy deals with how marketing, finance, production, R&D, and other business functions support the overall business strategy.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    24 views4 pages

    HRDM 18 Special Term # 2

    Uploaded by

    nilo bia
    The document discusses different levels of strategy for business firms. It identifies three main types: corporate strategy, business strategy, and functional strategy. Corporate strategy involves high-level decisions about investment diversification, vertical integration, acquisitions, new ventures, and allocating resources across different business units. Business strategy focuses on how a company competes within a particular business. Functional strategy deals with how marketing, finance, production, R&D, and other business functions support the overall business strategy.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 4

    Strategic

    StrategicHuman
    HumanResource
    Resource
    SAINT JOSEPH COLLEGE, MAASIN,
    LEYTE
    Management
    Management Maasin City, Southern Leyte
    6600 Philippines
    Strategic
    StrategicHuman
    HumanResource
    Resource
    SAINT JOSEPH COLLEGE, MAASIN,
    LEYTE
    Management
    Management Maasin City, Southern Leyte
    6600 Philippines

    Hierarchical
    HierarchicalLevels
    Levelsof
    ofStrategy
    Strategy

    Business firms usually consider three types of Strategies:

    Figure 1: Hierarchy of Strategy


    Strategic
    StrategicHuman
    HumanResource
    Resource
    SAINT JOSEPH COLLEGE, MAASIN,
    LEYTE
    Management
    Management Maasin City, Southern Leyte
    6600 Philippines
    Strategic
    StrategicHuman
    HumanResource
    Resource
    SAINT JOSEPH COLLEGE, MAASIN,
    LEYTE
    Management
    Management Maasin City, Southern Leyte
    6600 Philippines

    Corporate Strategy decisions include:


    a. Investment diversification – investment diversification can be summed up with the phrase
    “Don’t put your eggs in one basket” and most investors are familiar with this.

    b. Vertical integration – is an approach where a company expands its business operations’ into
    different steps on the same production path, such as when a manufacturer owns its supplier
    and/or distributor.

    For more information about vertical integration click this link


    https://www.investopedia.com/terms/v/verticalintegration.asp

    c. Acquisition – is to take over the company.

    d. New ventures – new concepts of business develop with the intent of profiting financially.

    e. Allocation of resources in different business of the firms – a process and strategy involving a
    company deciding to allocate resources in different businesses of the company.

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