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Ebook Essentials of strategic management (2nd edition): Part 2

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Nội dung chi tiết: Ebook Essentials of strategic management (2nd edition): Part 2

Ebook Essentials of strategic management (2nd edition): Part 2

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

Ebook Essentials of strategic management (2nd edition): Part 2ss the arguments for and against concentrating a company's resources and competing in just one industry2Explain the conditions under which a company i

s likely to pursue vertical integration as a means to strengthen its position in its core industry3Appreciate the conditions under which a company can Ebook Essentials of strategic management (2nd edition): Part 2

create more value through diversification and why there is a limit to successful diversification4Understand why restructuring a company is often nece

Ebook Essentials of strategic management (2nd edition): Part 2

ssary and discuss the pros and cons of the strategies a company can adopt to exit businesses and industriesI.Concentration on a Single Industrya.Horiz

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

Ebook Essentials of strategic management (2nd edition): Part 2ationb.Arguments Against Vertical Integrationc.Vertical Integration and OutsourcingIII.Entering New Industries Through Diversificationa.Creating Value

ThroughDiversificationb.Related versusUnrelatedDiversificationIV.Restructuring and Downsizinga.Why Restructure?b.Exit StrategiesOverviewrhe principal Ebook Essentials of strategic management (2nd edition): Part 2

concern of corporate-level strategy is to identify the industry' or industries a company should participate in to maximize its long run profitability

Ebook Essentials of strategic management (2nd edition): Part 2

. A com pany has several options when choosing which industries to compete in. First, a company can concentrate on only one industry and focus its act

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

Ebook Essentials of strategic management (2nd edition): Part 2enter new industries in adjacent stages of the industry value chain by pursuing a strategy of vertical integration, which means162CHAPTER 7 Corporate-

Level Strategy and Long-Run Profitability163it begins to make its own inputs and/or sell its own products. Third, a company can choose to enter new in Ebook Essentials of strategic management (2nd edition): Part 2

dustries that may or may not be connected to its existing industry by pursuing a strategy of diversification. Finally, a company may choose to exit bu

Ebook Essentials of strategic management (2nd edition): Part 2

sinesses and industries to increase its long-run profitability and to shrink the boundaries of the organization by restructuring and downsizing its ac

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

Ebook Essentials of strategic management (2nd edition): Part 2ility over lime. The chapter repeatedly stresses that if corporate-level strategy is to increase long-run profitability, it must enable a company, or

its different business units, to perform one or more value creation functions at a lower cost and/or in a way that leads to increased differentiation Ebook Essentials of strategic management (2nd edition): Part 2

(and thus a premium price). Thus, successtill corporate-level strategy works to build a company’s distinctive competences and increase its competitive

Ebook Essentials of strategic management (2nd edition): Part 2

advantage over industry rivals. There is, therefore, a very important link between corporate-level strategy and creating competitive advantage at the

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

Ebook Essentials of strategic management (2nd edition): Part 2apabilities on competing successfully within a particular product market.

Chapter 7Learning ObjectivesCorporate-Level strategy and Long-Run ProfitabilityAfter reading this chapter, you should bo able toChapter Outline1Discus

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