Business Strategy Essay Example | Topics and Well Written Essays - 250 words

Business Strategy - Essay Examplet size, grocery growth rate, market sh be as well as market segmentation, all the way, all these are the strength that are enjoyed to a greater extent by Merck smart set as compared to the competitor.The company inescapably to reexamine the top-down aspect in analogy to bottom up perspectives as it operation strategy. The decisions that are made by the organization from the top are very important for the company (Hynes, Michael, 23). In order to be able to set general solicitude for the company, and ultimately influence the overall strategy of the company, then there is a need to interpret clearly the functional areas of the company, including operations, finances as well as marketing.Another very critical area that needs to be explored by the Merck Company is to balance the market requirement and the operations resources. The strategy that has been adopted by Merck needs to examine and reflect on what the company is actually doing in relation t o what the market requires. From the analysis, the company is much focused on cost than any other