A freshman or sophomore is likely to spend half of class time in an auditorium. How absurd that these places charge $150,000 for four years to educate our best and brightest yet have the nerve to so heavily use the cheapest, least effective method of instruction: the large lecture.
Business strategy will affect the small companyâs functional decisions such as the selection of its promotions and distribution channels. Corporate Strategy. When a business identifies opportunities outside its original industry, it might contemplate diversification. When additional businesses become part of the company, the small business owner must consider corporate-level strategy.
Corporate strategy has implications for personnel. The strategy dictates how fast a company expands, what products and services it provides and how the company grows, for example, through increased sales and marketing or through acquisitions. The pace of growth impacts how many people a corporation will need to hire.