INOC,EMMANUEL R JR

1 Corporate strategy is the general direction and scope of a company. It refers to the decisions
and actions made by a company's management to attain long-term goals and objectives. This
includes making decisions about which industries or markets to enter, allocating resources,
growing the business, and creating wealth for shareholders. Corporate strategy frequently
include assessing the company's strengths, weaknesses, opportunities, and threats before
devising plans to leverage strengths, minimize weaknesses, seize opportunities, and neutralize
dangers

2 A parent company is a corporation that holds sufficient voting shares in another firm to
influence or elect its board of directors, thereby controlling management and operations.
Essentially, it is a corporation that owns one or more other businesses, known as subsidiaries.
The parent firm often employs its own management team and may operate in a different
industry or area than its subsidiaries. Its responsibilities include managing the strategic
direction, financial performance, and overall operations of its subsidiaries while allowing each
company to function autonomously.

3 A stability strategy is preserving present corporate operations and market position with
minimal modifications. Its fundamental goal is to maintain consistent, dependable performance
and profitability while avoiding large expansion or changes in direction. Stability strategies
frequently focus optimizing existing resources, increasing operational efficiency, and even
divesting non-core businesses. This method is often less risky and is commonly used by
corporations in established industries or with a strong market position.

4 Network strategy is based on exploiting interconnected networks, partnerships, and

collaborations to accomplish strategic outcomes. Unlike traditional plans that rely exclusively on
internal resources, network strategy promotes external ties with suppliers, distributors,
customers, and even competitors. It entails building strategic alliances to gain access to
complementary resources, participating in collaborative innovation, streamlining the supply
chain, cultivating business ecosystems, and leveraging digital platforms for seamless
communication and information exchange. Companies that embrace network strategy can
leverage external knowledge, increase efficiency, drive innovation, and achieve a competitive
advantage in today's interconnected corporate landscape.