Write a paper no more than 500 words in which you discuss what strategies the selected company should pursue.
Determine two strategies the company is actually pursuing.
Give at least two (2) pros and at least two (2) cons of those two new strategies the company is pursuing.
What strategy or strategies would you recommend for your chosen company? Explain the rational for proposing the selected strategy or strategies.
Present an outline as to how to achieve the strategy/strategies. For example you recommend any of the strategies below, then outline the steps the company needs to take in order to achieve it.
Strategies: Cooperation among competitors, joint venture/partnering, merger/acquisition, private equity acquisitions, first mover advantage, outsourcing, etc.
Would you recommend that the company consider a combination of multiple strategies? Why? Below are strategies that you could propose to management.