>> Strategic Management
"Our vision is to be the preferred world leader in chemicals"
"Our mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for our stakeholders"
SABIC is one of the best 10-world companies, as such it implement different strategies to maintain its position and to go forward. From the corporate strategies that SABIC follow are the growth strategy, the backward integration and cost-leadership strategy . In the five of its business unit it is used the cost-leadership strategy, but in the innovation plastic this strategy is not used because it oppose its objectives.
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