Learning Outcomes:
- Recognize the basic concepts and terminology used in Strategic Management. (CLO1)
- Explain the contribution of functional, business, and corporate strategies to the competitive advantage of the organization. (CLO3)
- Distinguish between different types and levels of strategy and strategy implementation. (CLO4)
- Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations. (CLO6)
Discussion Questions
- How does horizontal growth differ from vertical growth of a corporate strategy? From concentric diversification? Give at least one example for each strategy. (CH 7) 4 marks
- What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy? (CH 7) 3 marks
- Are functional strategies interdependent, or can they be formulated independently of other functions? Discuss (CH 8) 3 marks
Important Notes:
- Avoid Plagiarism.
- Support your answers with course material concepts from the textbook and scholarly, peer-reviewed journal articles,etc.
- Need references and use APA style for writing the references.
Answers