Positioning in Practice Strategic Role of Marketing For large firms that have two or more strategic business units (SBUs), there are generally three levels of strategy: corporate-level strategy, strategic-business-unit-level (or business-level) strategy, and marketing strategy
A corporate strategy provides direction on the company's mission, the kinds of businesses it should be in, and its growth policies
A business-level strategy addresses the way a strategic business unit will compete within its industry
Finally, a marketing strategy provides a plan for pursuing the company's objectives within a specific market segment
Note that the higher level of strategy provides both the objectives and guidelines for the lower level of strategy
At corporate level, management must coord