You are the owner of a multi-million-dollar Retail business in India. Since the past 5 years, your financial reports are showcasing a consistent drop in revenues & have entered into a loss-making position. Your market share is also falling & your organization is now believed to be in a weak market position. Which set of corporate strategies will you explore? Finalize the corporate strategy you would finally choose & how will you execute the plan?

Answer in 1500 words with a proper introduction on the topic, Concepts, and Application and conclusion for the question.