Question: A multinational corporation with a focus on producing and distributing consumer electronics is called ABC Corporation. They have developed a solid presence in numerous markets

A multinational corporation with a focus on producing and distributing consumer electronics is called ABC Corporation. They have developed a solid presence in numerous markets and have seen consistent growth over the past ten years. The leadership of the company understands the need to create and implement a new strategy to maintain their market position and spur future growth, despite growing competition and shifting consumer tastes. You have been employed by ABC Corporation as a strategic consultant to help them create and implement a new strategy. Determine the essential actions you would take to lead the company through this process, ensuring successful strategy formulation and implementation. Give specific advice and describe how you would handle any difficulties that might occur during the procedure. ---------Please do not use Chatgpt.

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