This week you will use your target organization and one other organization of your choice. Use the article, “Entrepreneurs Share Strategies at Business Press Event” (Richter, 2017) as a guide to assist you in choosing an organization and strategy.
For each organization, choose one of the eleven business strategies and provide both the definition of the strategy and an example of how it is applied in the organization. Use the sample form as displayed below and in Table 5.4 of the textbook and identify an example other than those provided in the book.
e.g., Unrelated Diversification
Adding new, unrelated products or services
Your Portfolio target organization
Selling a division or part of an organization
Your choice for one other
Remember that there may be multiple strategies that apply to a company’s profile, so expect to see numerous choices. Next week we study how to analyze the strategies and decide which strategy to choose.
Be sure to support your statements with logic and argument and a minimum of four peer-reviewed articles/journals, citing any sources referenced. Post your initial response early and check back often to continue the discussion. Be sure to respond to your peers’ and instructor’s posts as well. Use the Library or other online resources to retrieve your scholarly or peer-reviewed articles and journals.
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