Appendix The Links between International Strategy and Corporate-level Strategy

“International Strategy” or “Global Strategy” is often seen as a specialist topic within the broader strategy field.1 Most general strategy textbooks devote one or more chapters to this topic, and it is typically treated separately from “Corporate Strategy and Diversification”.2 However, most International Strategy is really a subset of Corporate-level Strategy: the challenge is about operating in multiple territories rather than multiple products or value chains. Even a company selling a single product line, such as edible oil, with subsidiaries in a number of different countries, will face the two main corporate strategy issues described in this book: which ...

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