Strategies are goal-oriented plans of action. They can be developed for a product, a business unit, or a whole corporation.
Types of Strategies
Product-Market growth matrix
| Existing Markets | New Markets | |
| Existing Products | Market Penetration | Market Development |
| New Products | Product Development | Diversification
|
Porter's competitive advantage
Source of Competitive Advantage
| Competitive Scope |
|
|
| Industry-wide |
|
|
| Single Segment |
|
|
Global Marketing Strategies