AN OVERVIEW OF THE TYPOLOGY OF STRATEGY

The concept of strategy has become, in the past decades, a subject of interest for researchers and practitioners due to its contribution to a company’s survival and growth. The current business environment is extremely challenging and often, to some extent, uncertain. Therefore, companies are requ...

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Main Authors: MODREANU ANDRA, GABRIELA NICOLETA ANDRIȘAN
Format: Article
Language:English
Published: Academica Brâncuşi 2022-02-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2022-01/26_Modreanu.pdf
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author MODREANU ANDRA,
GABRIELA NICOLETA ANDRIȘAN,
author_facet MODREANU ANDRA,
GABRIELA NICOLETA ANDRIȘAN,
author_sort MODREANU ANDRA,
collection DOAJ
description The concept of strategy has become, in the past decades, a subject of interest for researchers and practitioners due to its contribution to a company’s survival and growth. The current business environment is extremely challenging and often, to some extent, uncertain. Therefore, companies are required to adapt quickly to changes, spot opportunities and exploit them in a unique manner in order to prosper. Organizations function based on objectives, short, medium or long-term. How firms manage to achieve their stated aims depends on the designed and applied strategies, in a certain moment. Moreover, strategy may be perceived as the intended plan of actions designed to address certain company needs. Additionally, strategies come in a variety of forms and sizes. Therefore, an understanding of the existing types of strategy is required. The aim of this study is to develop an understanding of how strategies can be classified, starting for the level of aggregation of an organization. The research methodology was based on the collection and analysis of relevant secondary data for the subject. The results present the umbrella types of strategies that can be used by a company, respectively the functional, business, corporate and global strategy, in a clear and concise manner.
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spelling doaj.art-5cefbd6058e043f493c92b3f8dc55e4a2022-12-22T03:38:44ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072022-02-011206211AN OVERVIEW OF THE TYPOLOGY OF STRATEGYMODREANU ANDRA,0GABRIELA NICOLETA ANDRIȘAN,1THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES, THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES, The concept of strategy has become, in the past decades, a subject of interest for researchers and practitioners due to its contribution to a company’s survival and growth. The current business environment is extremely challenging and often, to some extent, uncertain. Therefore, companies are required to adapt quickly to changes, spot opportunities and exploit them in a unique manner in order to prosper. Organizations function based on objectives, short, medium or long-term. How firms manage to achieve their stated aims depends on the designed and applied strategies, in a certain moment. Moreover, strategy may be perceived as the intended plan of actions designed to address certain company needs. Additionally, strategies come in a variety of forms and sizes. Therefore, an understanding of the existing types of strategy is required. The aim of this study is to develop an understanding of how strategies can be classified, starting for the level of aggregation of an organization. The research methodology was based on the collection and analysis of relevant secondary data for the subject. The results present the umbrella types of strategies that can be used by a company, respectively the functional, business, corporate and global strategy, in a clear and concise manner. https://www.utgjiu.ro/revista/ec/pdf/2022-01/26_Modreanu.pdfstrategyfunctional strategybusiness strategycorporate strategyglobal strategy
spellingShingle MODREANU ANDRA,
GABRIELA NICOLETA ANDRIȘAN,
AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
strategy
functional strategy
business strategy
corporate strategy
global strategy
title AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
title_full AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
title_fullStr AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
title_full_unstemmed AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
title_short AN OVERVIEW OF THE TYPOLOGY OF STRATEGY
title_sort overview of the typology of strategy
topic strategy
functional strategy
business strategy
corporate strategy
global strategy
url https://www.utgjiu.ro/revista/ec/pdf/2022-01/26_Modreanu.pdf
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