Objectives and Strategies

Read these sections on objectives and strategies. Strategies are overarching plans developed to meet the firm's objectives. This section explains how a firm can operationalize a strategy to meet its strategic objectives.

2.3 Developing Organizational Objectives and Formulating Strategies

Learning Objectives

  1. Explain how companies develop the objectives driving their strategies.
  2. Describe the different types of product strategies and market entry strategies that companies pursue.


Source: University of Minnesota, https://open.lib.umn.edu/principlesmarketing/chapter/2-3-developing-organizational-objectives-and-formulating-strategies/
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