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Pages:
5 pages/≈1375 words
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Subject:
Management
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Essay
Language:
English (U.S.)
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Total cost:
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Topic:

How Companies Support Corporate Strategies

Instructions:
As a company in the world business, the bombardier has to come up with corporate strategies that would support the company in the five pillars of the company's strategic plans. One of how the company can use to support its corporate strategies is to sell the rail business which will allow them to redefine and reshape its capital structure. The selling of the rail business will add a sizeable amount of capital to the balance sheet and will furthermore change the strategy of the company (Bellemare). If the board of directors of the bombardier company approves the memorandum and includes a shareholder with more investment preferably la Caisse. The company has a debt of approximately $9.3 billion and selling the rail business will help raise money to reduce the debt. The company should put confidence in selling the rail business to one of the stakeholders. The mission and vision of the company are to offer one of the world's top mobility solutions and also it will help focus its sustainability to serve its customers well because the company is devoted to technology. The company that will buy the stakeholders should recognize, honour, and appreciate the devotion, zeal, talent, and loyalty of the employees involved.
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As a company in the world business, the bombardier has to come up with corporate strategies that would support the company in the five pillars of the company's strategic plans. One of how the company can use to support its corporate strategies is to sell the rail business which will allow them to redefine and reshape its capital structure. The selling of the rail business will add a sizeable amount of capital to the balance sheet and will furthermore change the strategy of the company (Bellemare). If the board of directors of the bombardier company approves the memorandum and includes a shareholder with more investment preferably la Caisse. The company has a debt of approximately $9.3 billion and selling the rail business will help raise money to reduce the debt. The company should put confidence in selling the rail business to one of the stakeholders. The mission and vision of the company are to offer one of the world's top mobility solutions and also it will help focus its sustainability to serve its customers well because the company is devoted to technology. The company that will buy the stakeholders should recognize, honour, and appreciate the devotion, zeal, talent, and loyalty of the employees involved.

Another way to support the company's corporate strategies is to plan. This can be done by proper planning and the most important fact is to recognize the company's strengths and weaknesses. One of the company's strengths is technology and if the company's leadership invests in getting a more modern technology or even inventing a technology that will transform the future of plane and rail transportation. In the world's business competition, more advanced technology will give the company an upper hand. Technology will allow the company's strategies to be flexible and this will make the business to be more efficient and will help to plan and predict possible errors. The technology will also help to allocate job roles and provide steadfast project goals (Bocken et.al.,2016).

The reason why these two ideas to support the company's corporate will work is that Bombardier has the vision to offer the fastest mobility in terms of transport and to offer standard services to their customers( Liao,2020)

Another reason is to offer quality ser

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