We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic management - Assignment Example

Comments (0) Cite this document
Strategic Management Corporate strategic management refers to issues that are addressed in addresses the following basic questions: In what businesses will the business compete? - The management of a company can seek to identify the special niche markets the company should concentrate its efforts on…
Download full paperFile format: .doc, available for editing
Polish This Essay91.7% of users find it useful
Strategic management
Read TextPreview

Extract of sample
"Strategic management"

Download file to see previous pages Corporate strategy is basically about finding ways to generate value when different lines of business under the same company pool their resources. How can diversifying the corporate operations or launching into a new line of business assist the company in competing with other businesses? Diversification Strategy Diversification strategies are employed to develop a company’s operations by adding products, markets, production stages or services to the existing business. The aim of corporate diversification is to permit the business to participate in lines of business that are not the same as those in their current operations. Concentric diversification is descriptive of when the new business is strategically connected to the present lines of business. Conglomerate diversification, on the other hand, is descriptive of the situation when there is no familiarity or link between the old and new lines of business. Development strategies usually result in a considerable increase in market share or sales objectives past previous levels of organizational performance (Gerami 2010). Many business establishments pursue different growth strategies on a regular basis. One of the main reasons for this is the fact that most business executives consider that greater investment will result in even bigger results. Increases in sales are frequently used as a measure for organizational performance. Even if the business profits stay constant or start to decrease, sales increases usually satisfy many organizational representatives. The presumption is usually made among corporate executives that increases in sales sooner or later result in large profits. Vertical diversification Diversification strategies are usually categorized according to the direction that the diversification takes (Cameron and Quinn 2011). Vertical integration is descriptive of when corporations take on new business functions at diverse stages of the manufacturing process. Participation in the different levels of production can be initiated by procuring a different company (external diversification), or within the corporation (internal diversification). In the horizontal variety of diversification, or integration, the corporation basically moves into new corporate operations at the same level of manufacture. Vertical integration is normally associated with existing business functions and is perceived as being a form of concentric diversification. Horizontal integration, on the other hand, is presumed to be a conglomerate or concentric variety of diversification. Vertical Integration The steps that a manufactured commodity passes through in the process of being changed from being a raw material to being a finished product ready for use by the consumer make up the assorted stages of manufacture (Lumby and Jones 2004). When a corporation diversifies when on a level where it is closer to the level where raw materials are handled in the production stages, it is said to be taking the route of the strategy of backward vertical integration. Avon is an example of a company that deals in cosmetics. It's main line of business has been in presenting its products to customers on a door-to-door basis (Robertson and Caldart 2009). Some years ago, Avon decided to change its strategy. It basically followed a backward type of vertical integration when it started experimenting with different substances and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Strategic management Assignment Example | Topics and Well Written Essays - 2000 words”, n.d.)
Strategic management Assignment Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/management/1471098-strategic-management
(Strategic Management Assignment Example | Topics and Well Written Essays - 2000 Words)
Strategic Management Assignment Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/management/1471098-strategic-management.
“Strategic Management Assignment Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/management/1471098-strategic-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Strategic Management
However, corporate governance is also depended greatly on the external environment in order for the development of the rules that are made in view of the existing rules and the strategic position of the company. The given statement does not take into account the fact that the strategy of the organization impacts the development of corporate governance.
3 Pages(750 words)Assignment
Strategic Management
ship 16 8.2 Puma- Focused Differentiation & Edward Jones- Focused Low Cost Strategy 17 8.3 Harley Davidson- Differentiation 18 References 19 PART A 1.0 Strategic Management A first time learner of management theories might define strategic management as using management concepts to gain strategic advantages for companies but unfortunately there is no concrete definition of the subject.
12 Pages(3000 words)Assignment
Strategic management
What is interesting about this direction and scope that Thomas Cook Group is taking is that the company is basing its intended product and service innovation on feasible feedback that it has gathered from customers based on organized survey. Clearly, this is a move and an initiative that carries so much prospect and hope for the development of competitive advantage over the medium term.
8 Pages(2000 words)Assignment
Strategic Management: Strategic Choices
Main products of the company are printers, personal computers, network management software, high end servers etc. Company is operating its business globally in several areas like printing, computing, digital imaging. Beside this, the company is also providing software and services.
4 Pages(1000 words)Case Study
Strategic Management
The strategies consist of everything that the company expects to fulfill in the future. The aims of the company are to be supported by the different types of operations and functions of the company. All these come under the purview of the strategy. The strategy has different
11 Pages(2750 words)Assignment
Strategic management
Thus, this paper gives a summary of this article and the subsequent implications for public organizations in Qatar. The article appreciates that after years of mixed perceptions towards strategic
3 Pages(750 words)Assignment
Strategic management
This paper will seek to explore how Samsung and Apple seek to achieve better alignment between strategic priorities and corporate policies. In order to achieve this, the paper will use 3 main tools; the Yip’s drivers of internationalization, Porter’s
1 Pages(250 words)Assignment
Strategic management means formulation and implementation of plans and initiative taken by the company for achieving its major goals. This is done on the behalf of the proprietor after considering the resource of the company. For
12 Pages(3000 words)Assignment
Strategic management
For organizations to prosper, the management should be able to anticipate and recognize the changes in the internal and external environment and be
7 Pages(1750 words)Assignment
Strategic Management
y’s goals, secure the interest of the shareholders, create more value for their share of securities in the market, know how the company can generate more value for itself, the geographical scope within which the company should focus in order to grow among others. This is so
8 Pages(2000 words)Assignment
Let us find you another Assignment on topic Strategic management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us