The business strategy put in place by valeant is

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The business strategy put in place by Valeant is viable since it has enough resources in place to support all planned activities. The strategy seeks to eliminate all bottlenecks related to management of acquisitions ,massive competition and poor staff recruitment and motivation initiatives in the company. PART B The module has been so informative and through the various activities I have learned that competitive advantage does not come without proper strategies put in place. In the journal reading and writing I found that business, functional and corporate level of strategies in an organization play in important role in management and success of any organization .The personal journal assignments gave me an opportunity to reflect on what I have been reading in the entire
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9 module .I attribute personal journal to self-assessment test in determining how skills learned in class can be applied in the real world experience. Journals have been facilitating the module reflection exercise in that I would link competitive advantage with the practical perspective. For example many organizations are failing because they are not able to create a unified system of integration across all the three levels of strategy. Functional strategies govern the day to day operations of an organization and they support the business strategies to propel achievement of the corporate strategies in an organization. The discussions in the modules have been so pleasing and I have got an opportunity to explore how companies should undertake social responsibilities .There is no need of promoting impunity and unfair payment activities yet the core customers are not benefit from the company. The ideas developed in the discussion arose multiple perspectives on how companies should address issues affecting customers .Outsourcing is allowed but when the sub-contractor is not delivering as per the set company policies the contract can be revoked. Companies operate within the society and if the set community standards are not met then the company is at risk of losing customers .Part of corporate strategy is to increase corporate social responsibility and promote community development in various sectors ( Hill&Jones, 2017). The process of strategic development in a company cannot leave out corporate social responsibility activities. In the module I realized that companies find it difficult to deal with issues related to corporate social responsibility. I believe that if the corporate strategy is followed to the letter then companies will be in a better position to cheap in to all matters related to the community. The community is always objective to companies which do not promote development in the region .Competitive advantage in a company is not got through effective marketing but also through
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10 increased social activities to create aware in the society about the existence of the company. In addition the process of promoting products require active community interaction.
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  • Fall '19
  • multinational company, Valeant Pharmaceuticals International

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