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Internal Determinants of Corporate Strategic Devices

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Identify and discuss the main internal determinants of corporate strategic choices. Explain what you understand by emergent and deliberate approaches to strategy making a,d discuss in which circumstances you would be more likely to adapt a deliberate approach and in which circumstances you would likely adapt an emergent approach.

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The main internal determinants of corporate strategy are:
Corporate values: Corporate values play an important role in formulating the corporate mission, vision, and hence corporate strategy
Corporate culture: Corporate culture consists of shared values, norms, attitudes, beliefs, ideals, and work behavior which characterize the company as a whole. In order to avoid inconsistent behavior that can be negatively perceived by stakeholders, corporate culture and strategy must be aligned.
Internal stakeholders: A balance must be achieved between internal stakeholders of the company and corporate strategy if the strategy is formulated for success.
Reputation: The reputation of the ...

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