Strategic Management – Business Strategy

1) Discuss the implications of competing in an international market. Discuss in detail the pros and cons of competing in international markets.

2) Discuss, in detail, five strategic options for entering foreign markets

3) Discuss in detail what a diversification strategy is

4) Discuss in detail the impact a diversification strategy has on a value chain.

5) Talk, in detail, about the ten basic tasks of the strategic execution process as well as building an organization capable of proficient strategy execution
•Staff the organization with managers and employees capable of executing the strategy well.
•Build the organizational capabilities required for successful strategy execution.
•Create a strategy-supportive organizational structure.
•Allocate sufficient resources (budgetary and otherwise) to the strategy execution effort.
•Institute policies and procedures that facilitate strategy execution.
•Adopt best practices and business processes that drive continuous improvement in strategy execution activities.
•Install information and operating systems that enable company personnel to carry out their strategic roles proficiently.
•Tie rewards and incentives directly to the achievement of strategic and financial targets.
•Instill a corporate culture that promotes good strategy execution.
•Exercise the internal leadership needed to propel strategy implementation forward.







Sample Solution