Businesses typically generate a strategy to help their plan become a reality as they began to put it in motion. Some strategies work out for the better of the organization and some strategies have to be reevaluated. Strategies are formed on either a business, corporate, or international level. Throughout the world, there are billions of businesses that function using different strategies.
Starting with Altria Groups, this organization uses the growth and retrenchment strategies. According to Wild and Wild, the growth strategy “is designed to increase the scale or scope of a corporation’s operation. Altria Groups endured various milestones to prove their company was substantial enough to move forward. As mentioned on www.altria.com, “Altria…
According to kraftfoodsgroup.com, “The Kraft Heinz Company is the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world, with eight $1 billion+ brands.” Also kraftfoodsgroup.com mentioned that “Kraft Heinz Company is dedicated to the sustainable health of our people, our planet and our Company.” Kraft has been utilized by many families looking to enjoy some much needed family bonding time or even just a quick source for a meal. Therefore, their business level strategy would fall under the focus strategy. Wild and Wild identify the low-cost strategy at which “a company exploits economies of scale to have the lowest cost structure of any competitor in its…
While Altria Group focused on tobacco and how to be more active in the (FSPTCA), Kraft was able to spin-off and become much more family oriented. Altria Group was able to establish a better appearance into the tobacco would and make difference within. At the same time, Kraft found a new way to reach out and bring the entire family together on a daily basis. With Kraft families are able to share a meal and rekindle their activities that occurred in the day. Some may look at spin-off as bad for business, but in reality a spin-off may be a better opportunity. 2 Peter 3:9 New Living Translation (NLT) states, “The Lord isn’t ready being slow about his promise, as some people think. No, he is being patient for your sake. He does not want anyone to be destroyed, but wants everyone to…