Strategies within grand strategies

a.Stability strategy

• No change strategy:Doing nothing new.
• Pause strategy:Moving with caution.Moving after rest.
• Profit strategy:To sustain profitability.

b.Expansion strategy

• Concentration strategy:Specialization in one activity.The example is fast food chains.
• Integration strategy :Combination activities,vertical or horizontal.
• Diversification strategy :Change in business definition in terms of developing,markets and functions.
• Cooperation strategy :Competition through competition among rival firms,e.g.mergers,acquisitions,joint venture,strategic alliances.

c.Retrenchment strategy

• Turnround strategy :Reversing a negative trend.
• Divestment strategy :Sale of a portion business.
• Liquidation :Closing down by selling assets.

d.Combination strategy

• Simultaneous strategy :Applied same time in different business.
• Sequential strategy :Applied at different time in same business.
• Simultaneous strategy :Combination of both.