Exam 5: Strategies in Action

Public enterprises generally cannot diversify into unrelated businesses or merge with other firms.

A cost leadership strategy can be especially effective when most buyers use the product in the same ways.

Websites that sell products directly to consumers are examples of which type of strategy?

Which strategy should be implemented when a division is responsible for an organization's overall poor performance?

List some guidelines for when market development would be a particularly good strategy to pursue.

Which term refers to selling a division of an organization?

Selling all of a company's assets, in parts, for their tangible worth is called

Which chapter of the bankruptcy code applies to municipalities?

Bankruptcy

While outsourcing manufacturing, tech support, and back-office work is quite common, it is still unheard of for companies to outsource product design.

Unrelated diversification is an appropriate strategy when an organization's present channels of distribution can be used to market the new products to current customers.

Divestiture is the selling of all of a company's assets, in parts, for their tangible worth.

Retrenchment and turnaround are the same strategy.

Jiffy Lube International would be a good example of a firm seeking the best-value focus strategy.

Which strategy would be effective when the stockholders of a firm can minimize their losses by selling the organization's assets?

When a domestic company first begins to export to India, it is an example of

Mergers and acquisitions are created for all of the following reasons EXCEPT to

Define and give examples of the two diversification strategies.

Alternative strategies don't come out of the blue; they are derived from the firm's vision, mission, and objectives.

When an acquisition or merger is not desired by both parties, it can be called a takeover or hostile takeover.