Choose the same company as assignment 2
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Instructions
- Select the same company you used for your week two (2) individual assignment.
- Write a paper no more than 1000 words in which you discuss what strategies the selected company should pursue.
- Go to the company’s website and click on Newsroom.
- Read through the most recent 10 press releases.
- Determine two strategies the company is actually pursuing.
- Give at least two (2) pros and at least two (2) cons of those two new strategies the company is pursuing.
- What strategy or strategies would you recommend for your chosen company? Explain the rationale for proposing the selected strategy or strategies.
- Present an outline as to how to achieve the strategy/strategies. For example, you recommend any of the strategies below, then outline the steps the company needs to take in order to achieve it.
- Strategies: Cooperation among competitors, joint venture/partnering, merger/acquisition, private equity acquisitions, first mover advantage, outsourcing, etc.
- Would you recommend that the company consider a combination of multiple strategies? Why? Below are strategies that you could propose to management.
Backward integration
Related diversification
Forward integration
Unrelated diversification
Horizontal integration
Retrenchment
Product development
Divestiture
Market development
Liquidation
Product penetration
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