market share leader. D) finding effective and efficient ways to strengthen the company’s competitive assets and to reduce its competitive liabilities. E) getting in the best strategic group and dominating it. 2. Corporate strategy options for diversified companies include A) broadening the company’s business scope by making new acquisitions in new industries. B) divesting weak-performing businesses and retrenching to a narrower base of business operations
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Diversification IBM a Fortune 500 company celebrated its 100th birthday this past June. IBM employs over 400‚000 employees and is considered to be a $100 billion dollar or more giant in e-business global marketing technology. With the inception of the computer‚ IBM’s core business was mainframe computers‚ which almost bought the company to its knees in bankruptcy. IBM looked at the PC as just a gadget and with any gadget over time would fade into oblivion. IBM would find out the hard way
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This article highlights that Felda Global Ventures Bhd (FGV) is indecisive on their dividend payments to their shareholders for 2016. At the same time‚ they have also announced a mutual separation scheme (MSS) which will affect 3 percent of its current workforce. A letter from Ms. Alice in The Star Online brings to light on what is actually a mutual separation scheme. She mentions how when preliminary economizing or cost-cutting methods fail to work‚ the final action to lessen heavy expenses is
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changes its name to Dell Inc. * 2004: Michael Dell announces he will step down as CEO but remain chairman. If you are using a screen reader‚ you may wish to switch to basic HTML for a better experience. | Top of Form * Why would a joint venture partner from a planned economy have difficulty understanding that the consumer is king or queen? Answer: Every economy has its own characteristics as both good and bad as well. In any economy‚ there are rules and regulations fortified in the manner
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Student Name Tutor Class Date of submission Arbitrage strategy Analysis Arbitrage is one of survival formulas and techniques that many businesses have used in the past in order to take advantage in a broader aspect of the available market opportunities. Arbitrage is an important progression in carrying out of financial markets‚ and in their hypothetical representation (MacKenzie p 349). Arbitrage is a unique strategy as it focuses on utilizing variations by looking for economies of scale obtained
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Running head: “TYPES OF ALTERNATIVE STRATEGIES” Types of Alternative Strategies In APA Style Chikita Martin Herzing University Strategic Management Alternative Strategies There are 11 alternative strategies; forward integration which means gaining ownership or increased control over distributors and retailers‚ backward integration which is seeking ownership or increased control of a firm’s suppliers‚ horizontal integration which is seeking ownership or increased control over competitors
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its expansion strategy or slow down operations and engage in a stabilization strategy. After careful analysis and debate the team recommends the latter based on underutilized facilities‚ operational inefficiencies‚ and the risk involved with increasing debt. The stabilization strategy would include continued pursuit of exports and non-equity alliances; however further significant financial investments would not be pursued. A shift from a multidomestic strategy to a transnational strategy is recommended
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International diversification is a strategy which a firm expands the sales of its goods or services across the borders of global regions and countries into different geographic location or markets. An international strategy is a strategy through which the firm sells its goods or services outside its domestic market. An international strategy results in international diversification. Firms pursue an international strategy to seek new opportunities to create value in international markets. The primary
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Advantages of Acquiring an Ongoing Business 1. Already operational normally leads to success 2. The time and effort to start a new venture is eliminated 3. Possibility of buying an on going venture @ bargain price The next step 1. Business environment 2. Profits‚ Sales & Ratios 3. Business Assets ( Inventory‚ equipment‚ trademarks‚ goodwill) Questions 2 Ask 1. Why is the business being sold? 2. What is the current state of the business? 3. What is the current condition of the inventory
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PROMOTIONAL STRATEGY There are various ways to communicate with potential customers. Promotional strategy includes a mix of advertising‚ publicity‚ sales promotions‚ personal selling‚ and public relations. Each component of the promotional mix plays a role in your effort to have potential customers learn about your business and buy your goods or services. Your promotional strategy must address the who‚ what‚ when‚ where‚ and how much money to spend. The "Who" of Your Promotional Strategy No business
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