Jamaica Public Service Company Limited (JPS) was established May 25, 1923 within the Electric Utility Industry and became Jamaicas sole electric service distributor in 1892 which made Jamaica one of the first country in the world to have electric power (BVC, 2015). The Jamaica Government retains 19.9% of the share in JPS while Marubeni Corporation and Korea East-West Power holds the bulk of JPS shares.

Using the information given, What type of strategy should the business implement and why/( 500 words)