The design of corporate strategies for Construction Ventures Unlimited
1993
- 12Usage
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
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- Downloads3
Artifact Description
Designing corporate strategies is no easy task. It requires an understanding of the decision-making process, organizational assessment and environmental scanning. By walking through these processes, a business entrepreneur can arrive at a well-designed set of corporate strategies that spell success in its present and future operation. Construction Ventures Unlimited, the subject company in this study, was chosen precisely because it represents a typical growing small-scale organization. It undergoes the birth pains of carelessness and indecision as well as the benefits of growth in experience and maturity. In this study, CVU has been found to be relatively strong in organization, financial resources and reputation as a general contractor and electrical engineering services provider but it is weak in cost accounting and project design studies. It also enjoys good business environment in all its aspects but is only threatened by uncertainties due to calamities, natural and man-made, and high operating costs which are still in the uptrend. In response to this predicament, this study suggests a package of business plan and market strategies that are designed to reverse difficulties and carry CVU forward based on its capabilities and the opportunities which lie ahead. The prognosis is good for CVU. Carrying them out is what remains.The study is full of facts and figures that support its findings. The next six (6) years promise steady growth for CVU if it will only follow its business plan and market strategies.
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