Businesses are always trying to outdo each other on the size of their market share. They, therefore, come with different strategies to help them stand out. A strategy is necessary even for a business to survive the vicissitudes of the market. There are three corporate strategy examples that a company…

With globalization kicking off a few decades ago, we also saw a rise in global sourcing and procurement being incorporated into business models across the world. It is a strategy used by companies to source goods and services from the global market which not only lowers the production costs but…