- M/618/4168 Unit 2 Principles, Values and Regulation in the Health and Social Care Sector – ATHE Level 3
- ILM Communication Skills Self-Assessment
- ILM Unit 8600-309: Understand How to Establish an Effective Team
- CMI Unit 525 Using Reflective Practice to Inform Personal and Professional Development
- Understand and Work with a Wide Range of Stakeholders and Organisational Structures – Assignment 1
- Assessment: Financial Performance Evaluation of Savory Snacks Company Ltd for Credit
- CMI L5 Assignment: Managing Stakeholder Relationships: Strategies, Challenges, and Best Practices
- Level 3 Unit 2 Assignment: Principles, Values and Regulation in the Health and Social Care Sector
- COM4006 Assignment: Introduction to Academic Skills and Professional Development
- Assessment: Managing Organisational Change: Evaluating Strategies, Challenges, and Impact
- UNIT CMI 706 Assignment: Finance for Strategic Leaders: The Role, Scope, and Impact of Finance
- ENGINEERING DESIGN TMA2 v1: CAD Design Report: Specification, Evaluation & Drawings
- Unit CMI 514 Assignment: Analysis of Organisational Change: Managing Change
- EMS402U TMA1: Engineering Design Solutions: Concept Development & Assessment
- LEVEL 3 UNIT 31: Effective Project Management (International BTEC )
- ILM Level 4 ASSIGNMENT: Managing equality and diversity in own area
- CMI 504 Assessment: The Rationale For Managing Performance Within Organisations
- Level 7 Unit 03 Assignment: Leading a Strategic Management and Leadership
- LO:01, LO:02 (MSCCO01) Managing Innovation and Change in Computing
- CMI Level 6 Certificate in Professional Management and Leadership
B302: Critically explain the implications of Corporate Strategy and diversification strategies: Strategic management Essay, OU, UK
University | The Open University (OU) |
Subject | B302: Strategic management |
Question
Critically explain the implications of Corporate Strategy and diversification strategies.
- Give a critical analysis of the diversification strategies. Key examples in the corporate world are necessary to evaluate the business’s strategies.
- Students should seek to define diversification strategy: the process of entering new industries, distinct from a company’s core or original industry, to make new kinds of products for customers in new markets [Hill et al, 2020].
- Diversification is about transferring competencies across businesses and leveraging such competencies to create a new business in another industry. At this point, this clearly calls for further refining of the concept of diversification by defining the related and unrelated/conglomerate dimensions. Expect the use of organizational examples: Sony music and films to Sony PlayStation, Tata into a multiproduct diversified conglomerate, Apple into electric cars, etc.
Do You Need Assignment of This Question
If you need help with assignment writing in the UK then no need to worry because we are here to help you. There are a lot of services that offer assignment writing assistance but not all of them can be trusted. We only hire the best writers who have years of experience in academic writing. We also offer essay-writing services, research paper writing services and much more. So if you need help with your assignments then contact us today.
Answer