When deciding on expanding their business activities beyond one market or industry and enter others, companies must build its business model at two levels (Hill, Jon...
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Outsourcing, another strategy of corporate-level integration, is the choice to permit one or more of a company 's value chain activities to be performed by autonomous pro organizations that concentrate every one of their skills and knowledge on one kind of activity. When an organization outsources, it is concentrating on a couple of activities to fortify its business model and increase their profitability. Advantages of this strategy incorporates benefits that can help an organization lower cost structure, increase product differentiation, and concentrate on the particular distinctive competencies that are key to its long-term competitive advantage and profitability. Even though there are benefits associated with this strategy there are also risks, which includes holdup, increased competition, and loss of information and forfeited learning opportunities.
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- I may not be responding exactly as you intended the question to be responded to, but felt that applying the course to my current organization was the best way to demonstrate my understanding of the course materials. In my opinion, Unit 4 and the discussion of growth strategy was the most critical to the success of my organization. At the corporate level, there are three strategic alternatives that may be employed: growth, stability, and retrenchment (Parnell, 2014). My division had to endure retrenchment a couple of years ago.... [tags: Management, Employment, Region, Term]
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