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Saint Leo University *
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Management
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Jan 9, 2024
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Textbook:
Strategic Management (Dyer)
, Chapter 6 (pp. 98–
108)
opens in new window
In this chapter, you will explore how a corporate strategy differs
from a business-unit–level strategy, identify how a company may create value through diversification, and learn the advantages of each source. You will also understand the methods of diversification. As you read, consider the following questions:
How does horizontal diversification help companies create value?
What do you understand by "the eight
S
s"?
When does diversification destroy value?
Textbook:
Strategic Management (Dyer)
, Chapter 7
opens in new window
In this chapter, you will have the opportunity to learn the definitions of vertical integration, forward vertical integration, and backward integration. You will be able to describe the three
C
s that represent the primary reasons that firms choose to vertically integrate (make) and perform an activity internally versus outsourcing (buy) the activity to (from) a supplier and the two
F
s, which examine the potential dangers of vertical integration. Additionally, you will learn the advantages of outsourcing and the conditions under which it might be advantageous to outsource an activity to an external supplier. As you read, consider the following questions:
How is forward vertical integration different from backward
integration?
What is a “classic mistake” that firms make when deciding
whether to make versus buy?
What are the significant dangers of outsourcing?
Textbook:
Strategic Management (Dyer)
, Chapter 8
opens in new window
In Chapter 8 of this resource, you will explore the differences among strategic alliances, vertical integration, and arm’s-
length supplier relationships. This chapter will also discuss the different types of strategic alliances and how they are governed. The chapter will also dig deeper into the conditions under which each type gains preference. You will also learn about the ways value is created in alliances and the potential dangers of strategic alliances. As you read, consider the following questions:
What is the difference between a vertical alliance and a horizontal alliance?
What are the primary ways in which firms create value through strategic alliances?
How do the companies build a dedicated strategic alliance function?
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Related Questions
1. Explain the similarities that exist between incorporating the Triple Bottom Line framework into both the service industry and the manufacturing industry, and why.
2.Explain the differences that exist between incorporating the Triple Bottom Line framework into the service industry and the manufacturing industry, and why.
3.Provide an example of a strategy that is appropriate to use across both the service and the manufacturing industries, and provide an example that is specific to either the service or the manufacturing industry when considering people, planet, or profit through the Triple Bottom Line framework. Include a brief explanation of what each example demonstrates.
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● Identify the businesses the company is in (or is considering entering), how they are related
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specific and detailed. If it is unclear that value is created, try to assess why the firm might
have chosen to enter those businesses. Be sure to include any appropriate financial analysis
to support your assessment.
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Startegic management. Please solve this
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Business matters
Heading 1 Read part of this email from the owner of Jumbo Book Store. Answer these
questions.
I What types of information does Jumbo Book Store communicate between
its employees?
2 How do the employees exchange information in the company?
3 What documents does Amiki prepare?
4 How much time does it take to compile the data?
5 Why do the customers complain?
Let me give you some background to our company's setup.
Jumbo Book Store is a company based in Thailand, It has three book stores and a
warehouse next to one of the book shops. The store manager, Amiki Sukhon, finds it
very difficult to track sales because he uses handwritten sales reports that employees
prepare every day. The driver takes the reports and delivers them to the main office.
Every day it takes 5 to 6 hours to compile data about the sales. Based on these sales
reports, Amiki writes purchase orders for new books, sales figures for the owner and
customer information for the marketing department.
In…
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Strategic managementIn order to prepare and formulate the strategy, a strategic analysis must be conducted for each of the external environment of the organization as well as the internal environment of the organization. Explain this with the application of this analysis to a Saudi company. In addition to clarifying the strategic methods used in analyzing the conditions and conditions of the industry
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When using the strategic management process, firms should start by
A) developing a strategic vision, mission and values.
B) developing a proven business model, deciding on the company's top management team, and crafting a strategy.
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C) coming up with a statement of the company's mission and communicating it to all employees, setting objectives, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary.
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10. Use online resources to find one example each of businesses following a single-product
strategy, a related diversification strategy, and an unrelated diversification strategy.
What level of performance would you expect from each firm, based on its strategy?
Examine the firm's profitability to see whether your expectations were accurate.
essibility: Unavailable
Feb 5, 2022, 2:58 PM
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Analyze a competitive situation or industry practice in a 4 to 6 page, APA formatted written paper. You should choose a topic early on in this course. All papers must be strategy papers, meaning they must be about firms. However, there is a great deal of flexibility in the choice of topic.
First, choose an industry, based on interest in the industry. Examples of industries range from advertising to zoos, and include digital watches, private jets, diapers, over-the-counter cold and flu formulas, photographic film, automobiles, airlines, football, romance novels, dating services, banana production, or pre-stressed concrete, computer printers, pagers, business schools, used cars sold over the web, movie theaters.
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2
how can I write a first summary about the notion of strategic planning on macro and then micro (company) level?
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5 Tescos core purpose, values and key performance
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READ: CH 2: Corporate Strategies & Marketing
DO: Answer the following questions and post on Discussion Board by EOW. Instructor will provide feedback
to students as needed.
. What is the difference between a for-profit and a non-profit organization?
• Explain the four market-product strategies in diversification analysis.
• What are the three steps of the planning phase of the strategic marketing process?
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What is a business-level strategy?
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b . CRITICALLY dISCUSS how diversification fits into an organization's overall strategic planning process.
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In chapter 2, we studied Porter's Five Forces. The textbook describes five competitive strategies (cost leadership, differientiation, growth, innovation, and alliances). Provide a short (2 to 3 sentence) definition for each of the strategies and provide an example of a company that has utilized computer systems to excel in one of these five areas, and how they did it.
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Strategies & Competitive Advantage
AdRoll’s business level strategy was overall low-cost leadership. Before AdRoll was founded, retarget-ing advertisements were primarily used by wealthy customers. AdRoll expanded their target market to include small businesses, retailers, and Fortune500 companies. Furthermore, AdRoll had a heavy emphasis on customer service. The company always made itself available to its customers to gain a com-petitive advantage through ease of use.…
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Which industry for which you are considering developing a strategic plan?
What industry are you currently working in? Same as above or some other? If it’s different, please identify the one that you’re currently working in.
Mission
(Purpose of the company, and what the company strives to do)
Vision
(Desired future achievements and state it wants to be in)
Values
(How employees should conduct themselves and their business to achieve the mission)
Establish Major Goals
(Goal – be precise and make sure those are measurable goals)
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