The Aim of Business Policy and Strategy Essay Example | Topics and Well Written Essays - 500 words - 1

The Aim of Business Policy and Strategy - Essay Example For a company to offer quality services, it ought to lay down a framework that is going to make the company more proactive in decisions making and ensure good bright future of the firm. The company strategic vision is to offer exemplary high-quality transport services at affordable prices. For an enterprise to be functional, it ought to develop ways that are going to ensure that it is guaranteed to win the competition in services delivery. Enterprises have to develop mechanisms that are going to ensure it responds to dynamic eternal changes amicably for it to pursue its mission. The corporate strategy of a company ought to spell out the goals that are major all its priorities, the plan of events and the course of action throughout a certain period. Many transport companies tend to focus on offering only one service; transport of goods and services. A company corporate strategy ought to be based on the design, by majorly focusing on the young and beginners for services. Therefore, the growth strategy of a company should focus on diversifying its services to incorporate postally and care hire services intended to meet the diverse needs of people. The major hitches that any enterprise business will tend to face throughout its operations are competition, resources and the necessary capabilities. The corporate world is one of the most volatile areas of the economy that are had to operate without skill and, therefore, requires deliberate courses of actions. However, such challenges can be overcome by developing viable strategic plans that are going to spell out al l the courses of action to overcome them.