Business Strategy Employed by Huawei Technologies

Topic

Business Strategy Employed by Huawei Technologies

Instructions

Write a Report on Business Strategy Employed by Huawei Technologies.

Answer preview

Companies strive to create plans which will improve their productivity and expand its growth as well as staging a competitive edge over their rivals (Barney, 2014). Business strategies are core as they enable a company to attain specific business objectives. Therefore, particular areas of firms’ operations such as growth, competitive position and sound financial performance are considered in the strategies. Most multinational enterprises have goals which guide them towards their vision hence plans are crafted to align with specific objectives. Additionally, firms always want to differentiate their activities from their competitors to increase profit margins (Davcik and Sharma, 2015).

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