All organizations have explicit or implicit strategies at each level (corporate, business, functional). For this assignment we will focus on corporate and business level strategies. As noted in the textbook, corporate strategy deals with determining what businesses the corporation will operate. Corporate strategies (found starting on page 92) tend to focus on whether the organization is trying to become larger, smaller, stay stable, or operate different business types. Business strategy deals with how the firm will compete in each market where it conducts business. These strategies can be found starting on page 96. Will they offer products for lower prices than everyone else or will they compete based on the quality, or perceived quality, of their products and services? For each of the following companies identify and discuss which corporate strategy and which business strategy best represents what the company is doing. Briefly explain your answer. Walmart (Hint: "Everyday low prices" is not a strategy of any type but it does reflect their business strategy) Target . Hobby Lobby Apple Samsung Tesla Toyota Ford Identify two more companies and provide their corporate and business strategies All organizations have explicit or implicit strategies at each level (corporate, business, functional). For this assignment we will focus on corporate and business level strategies. As noted in the textbook, corporate strategy deals with determining what businesses the corporation will operate. Corporate strategies (found starting on page 92) tend to focus on whether the organization is trying to become larger, smaller, stay stable, or operate different business types. Business strategy deals with how the firm will compete in each market where it conducts business. These strategies can be found starting on page 96. Will they offer products for lower prices than everyone else or will they compete based on the quality, or perceived quality, of their products and services? For each of the following companies identify and discuss which corporate strategy and which business strategy best represents what the company is doing. Briefly explain your answer. Walmart (Hint: "Everyday low prices" is not a strategy of any type but it does reflect their business strategy) Target . Hobby Lobby Apple Samsung Tesla Toyota Ford Identify two more companies and provide their corporate and business strategies