When developing a corporate strategy, it is essential to determine the purpose and the scope of the organizational activities.
Then about the nature of its business by considering the environment in which it operates, its marketplace position and the level of competition it faces.
Students in the Strategy doctoral program work closely with faculty in the Strategy Unit.
In addition to the doctoral program in Strategy, the Strategy unit offers a program in Business Economics, which is designed to attract students interested in pursuing research using a purely economics-based methodology.
By their third and fourth years, most students are launched on a solid research and publication stream.
The dissertation may take the form of three publishable papers or one longer dissertation.• Influence the nature of competition through vertical integration and political actions such as lobbying.Business-level strategies are extremely useful for solving practical problems.while business strategy is concerned about a particular business unit and the way it should be planned to be more competitive in the market.These are the levels of strategy in a business organization.These strategies are used by line managers to find solutions to problems that arise in day to day operations such as reduction in sales revenue or reduction in production efficiency.• Business-level strategies deal with a particular business unit while corporate strategies deal with the entire company, which may consist of several business units.Corporate strategy is created based on the vision of the organization.This is the most important level of strategy since it is heavily influenced by the investors in the business activities and acts to guide strategic decision-making throughout the business.The strategy formulation phase at the business level deals with: • Positioning of the business against rivals.• Strategy need to be changed according to the expected changes in the demand.