A company that focuses on growth and/or diversification is a company that applies what strategySelect one:a.Corporate Strategyb.Growth Strategyc.Market Share Strategyd.Business Strategy
Question
A company that focuses on growth and/or diversification is a company that applies what strategySelect one:a.Corporate Strategyb.Growth Strategyc.Market Share Strategyd.Business Strategy
Solution
The answer is b. Growth Strategy. This type of strategy is used by a company when it decides to expand the number of markets served or products offered, either through its current business(es) or through new business(es). Because it involves high risk and investment, it is typically pursued only after a firm has exploited all of its existing resources and capabilities.
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When adopting a ______, an organization customizes products and marketing strategies to specific national conditions.Multiple Choiceniche strategymultidomestic strategyglobal strategyrelated diversification strategyfocused differentiation strategy
1)What is corporate level strategy? Why is it important for a diversified firm? 2)What are the various reasons that firms choose to move from either a single- or a dominant-business position to a more diversified position? 3)What do you mean by stability strategy? Does this strategy mean that a firm stands still? Explain. 4) Under what circumstances do firms pursue stability strategy? What are the different approaches to stability strategy? 5)What resources and incentives encourage a firm to pursue expansion strategies? What are the main problems that affect a firm‘s efforts to use an expansion strategy? 6)Given the advantages of international expansion, why do some firms choose not Growth Strategies-I to expand internationally? 7)What is meant by diversification? What are the pros and cons of a diversification strategy? 8)Explain the mechanics of mergers and acquisitions. What motivates the top management to go in for M&A? 9)What are the pitfalls that a management should take into consideration while going for M&A? 10)Explain the basic steps involved in the M&A process. 11)Scan the business newspapers in the past few months and explain the M&A trends in Indian business scenario and list out the various reasons why Indian companies plan to follow M&A strategy. 12)What do you understand from the term strategic alliances? Explain the different types of strategic alliances that companies follow? Give examples of Indian companies for each type of strategic alliance. 13)Why do companies form strategic alliances? 14)What are the risks and costs associated with strategic alliances? 15)What are the features of a successful alliance? What are the barriers to a successful alliance? 16)What are the conditions under which firms adopt retrenchment strategies? Briefly describe the variants of these strategies. 17)What is a turnaround strategy? Describe the different steps involved in turnaround process. 18 When should a company adopt survival strategies? What are the various approaches to survival strategy? 19) What is divestment strategy and how does it differ from liquidation strategy?
What is a related-linked diversification strategy?Multiple choice question.one in which executives pursue various businesses opportunities that share only a limited number of linkagesone in which a firm derives more than 70% of its revenues from a single business and there are few, if any, linkages among its businessesone in which executives pursue only businesses where they can apply the resources and core competencies already available in the primary businessone in which a firm's low- and mid-level workers convince executives to give them a chance to decide corporate strategy
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