What is the company strategy?

Enterprise strategy, also known as overall strategy, is the highest level of enterprise strategy. It needs to choose the business fields that the enterprise can compete with according to the enterprise's goals, and rationally allocate the resources necessary for the enterprise's operation, so that all businesses can support and coordinate with each other. For example, building factories overseas and developing overseas manufacturing business in countries with low labor costs. The tasks of corporate strategy mainly include choosing the business scope of enterprises, deciding which business enterprises should expand and which business enterprises should limit, rationally allocating resources and formulating methods to improve the return on investment. Corporate strategy can be divided into three types: development strategy, stability strategy and austerity strategy.