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Operating Strategy
A plan that outlines how a business will use its resources to achieve its objectives and maintain competitive advantage.
Corporate Strategy
An overall, long-term plan of action designed to achieve the core objectives and overarching goals of an entire organization.
Strategic Business Unit
A semi-autonomous unit within an organization that focuses on a specific market or product line, often with its own strategic direction.
Strategic Alliance
A cooperative agreement between two or more organizations to pursue a set of agreed upon objectives while remaining independent organizations.
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