Answer to Question #329394 in Marketing for Ritik

Question

Reliance Industries Limited is a Fortune 500 company and the largest private sector

corporation in India.

 RIL, have evolved from being a textiles and polyester company to an integrated player

across energy, materials, retail, entertainment and digital services. In each of these

areas, they are committed to innovation-led, exponential growth. It’s clearly evident

that RIL has adopted parenting strategy. Discuss the concept of corporate parenting.

Discuss the analytical steps which are crucial in developing corporate parent strategy.

Conclude how Corporate parenting or parenting strategy is more beneficial when

compared against portfolio based corporate strategy