This note provides an overview of strategies for a number of commercial firms. The note described (I), what is meant by "corporate benefit", (II) the different approaches that several commercial firms can pursue in order to create corporate advantages, (III) the specific corporate level selection (portfolio of property and elections) that firms make, (IV) are certain principles that characterize effective corporate-level strategy, and (v) the reasons why corporate strategy can fail. In his treatment and coverage of these issues, the note highlights similarities in basic principles of business unit strategy and corporate strategy level. "Hide
by Bharat N. Anand Source: Harvard Business School 11 pages. Publication Date: July 17, 2012. Prod. #: 713415-PDF-ENG