Reference no: EM131717097

Knowing the concepts of outsourcing, downsizing, and expanding via mergers or acquisitions, consider yourself either a business owner or part of upper-management in which you are looking at growing your business, creating greater efficiencies and/or surviving in a downturn economy:

Contrast/Compare the three issues above by:

Part 1) providing the pros and cons of using each as a business strategy,

Part 2) How using each or all reflects the personality, mission, and vision of your company, and

Part 3) If you have chosen to use any or all of the above strategies how do you communicate or prepare all of the stakeholders.