strategic choice and evaluation questions
Please answer each question no less than 120 words
Class, I have long been a JCP customer. However, a few years ago when JCP placed a former Apple leader in the CEO position, things began to change. It seemed to me that JCP lost their way from a strategy perspective. As you have read the information in the chapter, think about and discuss the following:
1.What is a business-level strategy? What happened to JCP as they changed their business strategy?
2.What is the relationship between a firm’s customers and its business-level strategy in terms of who, what, and how? Why is this relationship important? Did JCP forget about the customer and focus only on what the new CEO wanted to implement?
Class, GE is probably one of the most successful organization in history from the perspective of diversity of their business. They have everything from microwaves, ovens, washer and dryers, to aircraft engines. What makes them so successful? Let us discuss:
1.What are three reasons firms choose to diversify their operations?
2.How do firms create value when using a related diversification strategy?
3.What are the two ways to obtain financial economies when using an unrelated diversification strategy?
Class, today we hear a lot about the important of going global or being an international company. That is not an easy task and many that want to become international are not successful. With that in mind, let us discuss the following
1.Suppose you are developing strategy for an international company. What are the three international corporate-level strategies? What are the advantages and disadvantages associated with these individual strategies?
2.What are some global environmental trends affecting the choice of international strategies, particularly international corporate-level strategies?
3.What five entry modes do firms consider as paths to use to enter international markets? What is the typical sequence in which firms use these entry modes?
Class, in this chapter we learned about strategic alliances. Why do company strategically align themselves with other organizations? Let us discuss the following:
1.What are the four business-level cooperative strategies?
2.What are the key differences among them?
3.What are the three corporate-level cooperative strategies?
4.How do firms use each of these strategies for the purpose of creating a competitive advantage?