Strategic Plan Part 3 Strategic Evaluation Paper

Strategic Plan, Part 3: Strategic Evaluation
Introduction
Owens Corning develops and produces insulation, fiberglass composites, and roofing in the global market. The company has five potential business strategies that it can use to plan their function in the business operations. The strategies enable the company to cooperate the different department. Monitoring the product strategies is to review the business level strategy to implement in their action (Bui, & de Villiers, 2017). The review involves the economic acquisition resources, equipment used to produce goods and services, business facilities and other administrative costs. As a result, the paper will review the nature and implications of business strategies that could improve the strategic success and performance of Owens Corning.
Business Level Strategies
In the roofing business, Owens Corning needs to implement

The value-creating strategy seeks to remove competitors from the gaining more market share. The strategy is to seek to add value in the business products and services in the exploitation of economic. The resources and capabilities of the business are supposed to be shared in and within the organization (Bui & Villiers, 2017). Diversification is the main objective in the strategy that offering products to consumers among the market to dominate the market share.
The other corporate level is a value-neutral strategy. The organization is not concerned about the allocation of the resources and the employment force. The organization secures a current place in the market (Amran, Ooi, Mydin, & Devi, 2015). Owens Corning can shore up their organizational plans. The value-neutral approaches include the initiation of regulatory oversight, the creation of synergy between departments of the organization, working to reduce risk and securing a steady cash flow in the