May 29, 2018 · Which of these is a factor in determining a corporate. This preview shows page 2 - 4 out of 11 pages. 27 . Vertical integration is : a. When a company expands its operations either backward into an industry that produces inputs for the company 's products or forward into an industry that uses , distributes , or sells the company 's products . b ...
May 17, 2016 · Financial performance, mergers and acquisitions, human resource management and the allocation of resources are considered part of corporate level strategy. 1.
Corporate-level strategy These are large sections of an organization that are differentiated on the basis of products, clients, or competitors. Strategic business units This is a technique for determining how much to invest in a business unit or line based on business growth rate and market share. BCG matrix In this form of diversification, a company acquires a business similar …
Jan 22, 2018 · chapter 9 quiz answers Mindtap.docx. The principal goal of corporate-level strategy is to enable a company to: a. promote its competitive advantage and profitability in only its future business. b. keep a company from promoting its competitive advantage and profitability in its present business. c.
A corporate-level strategy is a multi-tiered company plan that leaders use to define, outline and achieve specific business goals. A corporate-level strategy can be used by a small business to increase its profits over the next fiscal year, whereas a large corporation might be overseeing the operations of multiple businesses to achieve more complex ...
The stability strategy is when you proceed in working with clients in your industry. This strategy also assumes that your company is doing well under this current business model. Since the pathway to growth is uncertain, you should employ a stability strategy to ensure incremental progress that still brings in revenue, which includes practices such as research and development and product innovation. An example can be offering free trials of your existing products to your target audience to increase its engagement.
The investigation is the process of testing expansion and retrenchment strategies. You'll know which strategy to move forward with after you decide to prioritize your performance or readjusting the scope of your business.
Concentration is an expansion strategy approach that adds more market shares to the industry you're operating in. It's viewed as a high-reward strategy because of the market demand for the industry you're getting involved in.
This strategy is only dedicated to having more capital to spend once you take out your expenses. You may need to reduce costs or expenses, selling investments like stocks and bonds, increase the price of services you sell to your customer based and cutting back on non-essential services.
The expansion strategy is great for you if your company is planning on creating new products and reaching new audiences. It can also be used if you're upgrading the level of activity within your business like taking on new clients and hiring more employees. You can apply this strategy if the region you're operating in has a strong economy or if your focus is to enhance your performance. Overall, this strategy has large earnings potential for executives, which can lead to raises and expansion to employee benefits packages as well.
Liquidation . Liquidation is the final option you can take if you own a company. You'll make this move after you exhausted all options to increase the profits of your business. This results in the selling of your company to another entity and the conclusion of production for all product lines.