str/581 week 4 discussion questions

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qnely0411

Business Finance

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What is corporate-level strategy and why is it important?

What are the different levels of diversification firms can pursue by using different corporate-level strategies?

What are three reasons firms choose to diversify their operations?

How do firms create value when using a related diversification strategy?

What are the two ways to obtain financial economies when using an unrelated diversification strategy?

What incentives and resources encourage diversification?

What motives might encourage managers to overdiversify their firm?

What incentives influence firms to use international strategies?

What are the three basic benefits firms can achieve by successfully using an international business-strategy?

What four factors are determinants of national advantage and serve as a basis for international business-level strategies?

What are some global environmental trends affecting the choice of international strategies, particularly international corporate-level strategies?

What are the three-international corporate-level strategies? What are the advantages and disadvantages associated with these individual strategies?

What five entry modes do firms consider as paths to use to enter international markets? What is the typical sequence in which firms use these entry modes?

What are political risks and what are economic risks? How should firms approach dealing with these risks?

What are two important issues that can potentially affect a firm's ability to successfully use international strategies?

Why do firms use cross-border strategic alliances?

What is the definition of cooperative strategy, and why is this strategy important to firms competing in the twenty-first century competitive landscape?

What are the four business-level cooperative strategies? What are the key differences among them?

What are the three corporate-level cooperative strategies? How do firms use each of these strategies for the purpose of creating a competitive advantage?

What risks are firms likely to experience as they use cooperative strategies?

What are the differences between the cost-minimization approach and the opportunity-maximization approach to managing cooperative strategies?

I really need help with these questions the tutor that i initially used didn't meet the standards. Please i need it in 100-200 word answers please.

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Running head: BUSINESS STRATEGY

Business strategy
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Institution affiliation
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2

BUSINESS STRATEGY
What is corporate-level strategy and why is it important?
Corporate level strategy is the process of making decisions in a company at the highest level
based on the market. An organization that seeks to conduct corporate-level strategy competes
effectively through satisfying customers desires. Consumers are the primary target in the market.
An organization is sustainable once the corporate level strategy has been well articulated. The
revenue stream that sustains an organization is assured to support operations. Organization
operations are articulated with corporate-level policy in the industry through geographical
mapping as well as segmenting consumers. Marketing team in the company has an easy time
accomplishing assigned task in the market due to corporate-level strategy (He & Balmer, 2017).
What are the different levels of diversification firms can pursue by using different
corporate-level strategies?
Diversification is the process through which an organization expands products lines as well as a
market segment to attract a higher revenue stream in the market. An organization purses
diversification strategy to remain relevant in the market. Market diversification in a company is a
strategy that seeks to venture into new frontiers. An organization creates a new segment of
clients to increase revenue stream from the market. Product diversification from the company
ensures an organization has a variety of sales item in the market. Innovation in creating a new
segment of product comes from supporting staff ideas. Consumers have a variety of choices in
the market from the company products.
What are three reasons firms choose to diversify their operations?
Firms choose to diversify operations in the market to attract a new segment of clients.
Consumers are essential in supporting organization existence in the market. An organization that
desires to be competitive attracts a broader segment of consumers. Through diversifying

3

BUSINESS STRATEGY
operations, an organization enhances competitiveness in the market. A company retains the
market power to satisfy consumer’s demand that has been analyzed by researchers. Competition
in the market is to the advantage of the organization that has diversified operations. Operations
diversification in the market reduces employment risks. Employees have a positive environment
that is creative. The retention rate in the company increases with productivity.
How do firms create value when using a related diversification strategy?
Value creation in an organization is the essence of business. Related diversification strategy is
categorized into operations as well as corporate. Operational relatedness ensures an organization
supports internal activities through sharing. In a corporate relatedness, essential competencies are
transferred to a selected entity. Consumers expect value through product development hence
attracting a broader segment of the market. Products developed by the organization are useful in
satisfying consumer’s desires. Cost of operations is reduced through relatedness. The process of
sharing capital in the organization reduces expenditure incurred. Business performance of the
organization improves hence enabling the capability of handling shocks that are unpredictable in
the market (Steinbach, Holcomb, Holmes, Devers & Cannella, 2017).
What are the two ways to obtain financial economies when using an unrelated
diversific...


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