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Instructions

For this essay, use the same company you previously used, and analyze how the company has implemented a corporate strategy or a future policy rollout. Consider strategy development, and the implementation phase. In your essay, address the following questions.What are the stages of a corporation's life cycle? How can a corporation's life cycle be extended? What stage is your company in?What is strategy implementation? What questions must strategy makers consider to begin the implementation process? It is important to assess the strategy-culture compatibility when implementing a new strategy. Do you think that culture follows strategy, or does strategy follow culture? In your response, use your company to illustrate your points. Justify      MBA 5101, Strategic Management and Business Policy 3your answer.What is Six Sigma? Why would a company want to implement it?Your essay should be two to three pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of two reputable sources must be used, cited, and referenced. At least one reference must come from the CSU Online Library. Use APA style guidelines.Information about accessing the grading rubric for this assignment is provided below.

Answer

Corporate StrategyBe as it may, corporations go through identifiable life stages just like humans. Products, products line and entire industries also undergo through different life stages. Different scholars have varied opinions regarding the number of stages in a companys life (Babafemi, 2015). The generally accepted corporations life cycle stages are start-up, growth, maturity, decline and death. However, it is imperative to note that a company can be able to revive or renew itself and not die. Not all business organization will go through the 5 stages. Sometimes a corporation may not go through the different stages in order. A company can renew or extend their life cycle by pinpointing any indications of a change in their lifecycle. After identifying the changes within their life cycle,...
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