An organizational strategy is a plan that managers formulate to describe and structure how the firm will grow and expand its business operations

An organizational strategy is a plan that managers formulate to describe and structure how the firm will grow and expand its business operations. Regulatory policies differ. What may work well for one company might not work efficiently for another organization. There are two types of strategic alternatives that can be applied by Peru mining industry; they include business-level strategy and corporate-level strategy. Business-level approach is the combination of strategic options from which a company selects as it conducts its operations in a specific industry or market system. These kinds of alternatives assist the company to focus on its efforts for market or trade in a targeted model. On the other hand, the corporate-level strategy is the set of strategic alternatives from which a firm selects as it organizes its business simultaneously within different markets or industries. Companies compete in various markets and industries. Therefore, as they create business-level strategies for every industry or market system, they also create a comprehensive approach that assists in describing the combination of markets and sectors that are of significant interest to the company.

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