Would you opt to pursue related diversification

Assignment Help Operation Management
Reference no: EM132164149

Is your company going to operate in an international market? Why or why not ? If it is use the Exercise for Simulation participants on p. 211 to lay out your plan.

Answer the question in the Exercise for Simulation participants on p. 256 as they relate to your company. Company is Organic Coffee and Beverages in Orangeburg , SC.

EXERCISE FOR SIMULATION PARTICIPANTS

The following questions are for simulation participants whose companies operate in an international market arena. If your company competes only in a single country, then skip the questions in this section.

To what extent, if any, have you and your co-managers adapted your company's strategy to take shifting exchange rates into account? In other words, have you undertaken any actions to try to minimize the impact of adverse shifts in exchange rates?

To what extent, if any, have you and your co-managers adapted your company's strategy to take geographic differences in import tariffs or import duties into account?

Which one of the following best describes the strategic approach your company is taking in trying to compete successfully on an international basis?

Multidomestic or think-local, act-local approach.

Global or think-global, act-global approach.

Transnational or think-global, act-local approach.

Explain your answer and indicate two or three chief elements of your company's strategy for competing in two or more different geographic regions.

EXERCISE FOR SIMULATION PARTICIPANTS

In the event that your company has the opportunity to diversify into other products or businesses of your choosing, would you opt to pursue related diversification, unrelated diversification, or a combination of both? Explain why.

What specific resources and capabilities does your company possess that would make diversifying into related businesses attractive?

Indicate what kinds of strategic-fit benefits could be captured by transferring these resources and competitive capabilities to newly acquired related businesses.

If your 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? Name at least two or three such industries or product categories, and indicate the specific kinds of cost savings that might accrue from entry into each.

If your company opted to pursue a strategy of unrelated diversification, what industries or product categories could it diversify into that would allow it to capitalize on using its present brand name and corporate image to good advantage in the newly entered businesses or product categories?

Name at least two or three such industries or product categories, and indicate the specific benefits that might be captured by transferring your company's umbrella brand name to each.

Reference no: EM132164149

Questions Cloud

How change affects all stakeholders in the supply chain : Examine the readings in this module, consider how change affects all stakeholders in the supply chain.
Describe the year-end closing process : Prior to beginning work on this discussion, read Chapter 4 in the textbook. In addition, the MyLab materials listed in the Recommended Resources section.
Calculate annual bonuses for employees : You own a company that sells coffee products. You want to calculate annual bonuses for your employees.
Evaluate organizations information security : Prepare a schedule for testing Conduct the test Analyze the results of the testing, and prepare a report Present the final report to the client
Would you opt to pursue related diversification : To what extent, if any, have you and your co-managers adapted your company's strategy to take shifting exchange rates into account?
Analyzing the legal issues raised by the article or case : Select article or case in the last 3-5 years on a legal topic and write a paper between 1000 to 1500words analyzing the legal issues raised by the article.
Identify different threat categories encompassed by attack : If a hacker hacks into a network, copies a few files, defaces the Web page, and steals credit card numbers, identify the different threat categories encompassed
Summarize the noncontrolling interests accounting : Written response to two questions. Please copy and paste the questions I want you to answer into your word document then answer the question please.
Why have some experts come to consider it a cult brand : Buffett fans come from all walks of life, age groups, and occupations; they typically cite "escapism" as a reason for their devotion.

Reviews

Write a Review

Operation Management Questions & Answers

  Which tesla competes are affecting tesla strategy selection

What factors in the general environment and the industry in which Tesla competes are affecting Tesla’s strategy selection?

  How well understood are the system requirements

How well understood are the system requirements at the start of the project?What are the implications of your answer using a predictive, adaptive, mixed SDLC?

  Bad situation to overcome the good intentions of individuals

Do you think that in general it is easier for the influence of a bad situation to overcome the good intentions of individuals.

  Define how the established social media sites can be used

The discussion is required to be written in an integrative manner that fully discusses each discussion point in full, providing complete analysis and utilizing

  Discuss ford motors goals and objectives

What will your approach be when it comes to using qualitative and quantitative research to understand consumer behavior?

  Discussion about project management

As we kick off our discussion about Project management. With these statistics in mind, what are the objectives of project management?

  Discuss one characteristic or measurement for improvement

Discuss one characteristic or measurement for improvement i.e a metric that every Lean (principal) transformation should entail.

  How is efficiency different from productivity

How is productivity defined? Why is productivity important? How is efficiency different from productivity?

  Evaluate the competitive advantage of dover crop

Use Porter's diamond to evaluate the competitive advantage of Dover Crop.'s geographic strategy

  Considering purchase of house-definition of risk mitigation

Assume that you are considering the purchase of a house. Explain your choice of each example and relate it to the definition of each type of risk mitigation

  Preparing presentation to be given in large classroom

You are preparing a presentation to be given in a large classroom. You are using a computer to develop your presentation with the monitor 25ft from the furthest audience member. In order for the audience to easily read each character used in the pres..

  Changing financial position of a small business

In analyzing the changing financial position of a small business, what things should you look for?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd