State the diversification strategy for growth of the firm.
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State the diversification strategy for growth of the firm.
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Solved in 2 steps
- Describe how firms grow theirbusiness.Explain corporate strategy, discuss why do firms need to grow, and evaluate different growth motives?Using the three disntinctive generic business strategy by Porters, which business strategy is most suitable for investment company that deals with assets management
- The Boston Consulting Group (BCG) growth–market share matrix identifies SBUs and their related products as stars, cash cows, question marks, and dogs. Do you think this is a useful way for organizations to examinetheir businesses? What are some examples of productlines that fit in each category?2. Explain how Instacart’s business model works. How does the company generate revenue?Explain the importance of analyzing and understanding the firm's external environment.
- Give reasons why so many companies are divesting (spinning off) key segments or divisions of the firm. Subject: Strategic ManagementThe Boston Consulting Group (BCG) growth-market share matrix identifies SBUS and their related products as stars, cash cows, question marks, and dogs. Do you think this is a useful way for organizations to examine their businesses? What are some examples of product lines that fit in each category?Discuss the creation of business portfolios and the development of growth strategies.