1. Growth and Diversification Strategies: Expanding the organizations service
1.1. Concentration: The growth inside a related business area. For Example: Tim Hortons
1.2. Diversification: The growth of gaining/investing in a new business area.
1.3. Vertical Integration: The addition of traders/salespersons.
2. Global Strategies: An organizations strategy towards globalization
2.1. Globalization Strategy: Uses basic products and ideas for use internationally.
2.2. Multi-Domestic Strategy: Personalizes products to best suit/fit local needs within an area.
2.3. Transitional Strategy: Attempts to get both global efficiency and local responsiveness.
3. Co-operative Strategy: When two organizations join together.
3.1. Strategic Alliance: Organizations join together to seek a field of mutual activity.
3.2. Co-opetition: When two competing companies work together to complete a common goal that will benefit eachother.
4. Grand or Master: Long-Term plan of well organized thoughts and actions which a organization plans to achieve major objectives. For Example: Facebook
4.1. Stability: Keeps current operations without many changes. For Eample: Retail Firm
4.2. Renewal: Solves problems and any weaknesses that are harming the performance of the organization. For Example: Globe and Mail
4.3. Combination: Seeks one or more strategies at the same time; growth, stability, and retrenchment in some combination. For Example: Globe and Mail
5. Restructuring and Divestiture: Changing the size of the organization
5.1. Turnaround: Attempts to fix any problems within the organization.
5.2. Downsizing: Decreases the size or organization.
5.3. Divestiture: Sells certain parts of the organization in order to focus more on an important topic within the business.
6. E-Business Strategy: Uses internet to gain advantages against competitors
6.1. B2B Business Strategy: Uses IT and web portals to link organizations vertically with customers to supply chains.
6.2. B2C Business Strategy: Uses IT and web portals to link businesses with customers.
