This document is a review of journal articles on business strategy, specifically focusing on the development of integrated models for strategic alliance and corporate diversification strategies. The authors discuss the importance of strategic alliances in the present business context and the benefits of using integrated models for enhancing stability in relationships with clients and customers. They also explore the linkages between corporate governance and corporate diversification strategies, emphasizing the role of diversification in expanding the scope and arena of the workplace culture. Additionally, the document highlights the significance of involving employees in the process of formulating business strategies and the impact of individual performance on productivity. The review concludes by emphasizing the importance of conscious decision-making and rationality in the formulation of business strategies.