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Welp Magazine

Complete Guide to Retrenchment Strategy

A strategy used by corporations to reduce the diversity or the overall size of the operations of the company. Typically the strategy involves withdrawing from certain markets or the discontinuation of selling
4 years ago

Complete Guide to Diversification Strategy

Diversification strategies are used to expand firms’ operations by adding markets, products, services, or stages of production to the existing business. The purpose of diversification is to allow the company to enter
4 years ago

A Complete Guide to Multidomestic Strategy

A multi-domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product offering and marketing strategy to match different national conditions. What is Multidomestic Strategy?
4 years ago

Complete Guide to Pilot Implementation Strategy

A pilot implementation allows an organization to validate its approach for full application deployment. Executing an application pilot can uncover operability issues associated with production-like conditions and provide an opportunity to address
4 years ago

Complete Guide to Collar Strategy

A collar, commonly known as a hedge wrapper, is an options strategy implemented to protect against large losses, but it also limits large gains. An investor creates a collar position by purchasing
4 years ago

A Complete Guide to Best Cost Provider Strategy

Best-cost provider strategy is often called ‘best-cost strategy’, The best-cost strategy is the strategy of increasing the quality of products while reducing costs. This strategy is applied to give customers “more value
4 years ago
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A Complete Guide to Accommodative Strategy

An accommodative strategy is defined that management may take a positive view toward CSR activities and thus is willing to partially participate in these activities or invest some corporate resources in them.
4 years ago
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