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corporate strategy - Essay Example
Author : ffisher
Pages 9 (2259 words)
Corporate Strategy Introduction PricewaterhouseCoopers (PwC) came into existence through the merger of 'Price Waterhouse' and 'Coopers & Labrand' in 1998. The merger was in itself a big strategic move to broaden coverage in key markets, and strengthen client service capabilities…
Understanding PwC Strategic Resources Tallman (2009) argues that resources and capabilities are the sources of internal strengths and weaknesses for a firm because its profitability, growth, and success largely depend upon unique strategic resources that it possesses. Thus, strategic resources need to be unique to create competitive advantage over competition. Moreover, strategic resources play a much vital role in the success or failure of the organization, especially when the organization is a services company. Organization’s capabilities such as managerial abilities, learning proficiencies, fast delivery and ability to find proper solutions to the issues are some of the factors that play a key role in formulating strategic choices. ...