Learning Outcomes:
Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations.ClO-2
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, ClO-6
Assignment Question(s):
Discussion questions
Case study
Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Discuss. (2 marks)Max 300 words
What skills should a person have for managing a business unit following a differentiation strategy? Why? What should a company do if no one is available internally and the company has a policy of promotion from within? (2 marks)Max 400 words
Why is an understanding of national cultures important in strategic management?(1 mark)Max 300 words
An acquisition is a situation whereby one firm (acquiring firm) purchases most or all of another firm’s (acquired firm) shares in order to take control.
From real national/international market, select an example of an acquisition between two firms and answer the following questions:
Briefly introduce the chosen acquiring and acquired firms (Industry, activity, nationality, market position, …). (1Mark). Max 100 words
Explain the different reasons for this acquisition. (1Mark)
Was this acquisition successful? Why? (1Mark)
Evaluate the competitive advantage of the acquiring company (after the acquisition). (1Mark)
What is the method used by the acquiring firm to manage the culture of the acquired firm? underline the pros and cons of this method. (1Mark)