Provide brief complete analysis of different levels of diversification that a firm can pursue by using different corporate-level strategies. What are the three reasons firms choose to diversify their operations? Give industry examples
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Provide brief complete analysis of different levels of diversification that a firm can pursue by using different corporate-level strategies.
What are the three reasons firms choose to diversify their operations? Give industry examples
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- Enumerate Why companies generally diversify their range of products ?The industry environment plays a critical role in the profitability of a company. Hence, companies are to critically examine an industry towards ascertaining how its strategies success could be influenced by the industry factors. With the aid of a diagram, conduct an industry analysis of the carbonated drink industry assuming you are the business strategist working for NESTLE Milo Ghana Limited.What is the current diversification strategy of Trader Joes? Explore the potential for novel opportunities for diversification and gather detail information for the final report.
- The differences in the performance of various firms within an industry limit the usefulness of industry analysis. Discuss.Describe why your company needs to diversify. What problem will diversifying the company solve? What kinds of quantitative and qualitative data will you target in your research on the current auto industry and the new industry?defensive diversification explanation
- Diversification is the process of firms expanding their operations by entering new businesses. Is it better for a company to expand in related or unrelated businesses? and why? Cite references of answerIdentify the six forces that shape competition in an industry. Describe how changes in the strength of these forces affect prices, profitability, and under which circumstances each can be considered a threat or opportunity. Why is a competitive analysis using the competitive forces framework a benefit to industry?What kinds of changes in the competitive environment occur when an industry begins to mature? Identify three strategic approaches that are well-suited for this type of industry environment.
- If a company opted to pursue a strategy of related diversification, what industries or product categories could it diversify into that would allow it to achieve economies of scope.Compare and contrast industry market potential and company sales potential. How is an estimate of industry market potential helpful to managers? What factors are necessary to determine industry market potential?In relation to the low levels of diversification, mention an example (a company) and explain