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Saint Leo University *

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MISC

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Management

Date

Jan 9, 2024

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docx

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2

Uploaded by whitleywilliams12

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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