“…With regard to corporate strategy and performance, relevant extant literature submits that corporate strategy has effect on organizational performance (Bracker, Keats, & Pearson, 1988;Naffziger & Kurato, 1991;Lyles, Baird, Orris, & Kuratko, 1993;Osuagwu, 1996;Osuagwu, 1997;Rue & Ibrahim, 1998;Osuagwu, 2001, Ho, 2015and Budayan et al, 2015, among others Hitt et al (2005), among others, have argued that an organization's environments impact on its strategic decisions. Relatedly, Bamber et al (2004) have argued that organizational strategies are a function of environmental perceptions by organizational strategists.…”