1.Advantages of matrix
Disadvantages
2.Corporate parenting can help to give a contribution to proper corporate strategy as it is seen that it helps to accomplish the advantage of parenting. It is seen that advantage of parenting is met when the parents give more emphasis on the portfolio of the business as compared to the rivalry. This is concerned with the SWOT analysis as it shows the disadvantages and advantages of the company (Galpin, 2018).
3.The two strategies related to diversification are concentric and conglomerate. Concentric is for the companies who have a good position but their attractiveness is low. The conglomerate is the situation when the organization analyzes that industry attractiveness is low. I would recommend related approach as it is good for Gulfstream aerospace’s it is seen that they conduct the best activities.
4. The four strategies are
5.Globalization is considered as a strategy that will be considered so that business can expand its activities on a global basis. Regionalization is also one of the forms of decentralized regions and it is considered to offer a strong regional focus. Localization is related to consider the products of a particular local market (Hirst, Thompson & Bromley, 2015).
6.Two reactive responses are
Two proactive reasons are
7.It is analyzed that Boston Beer Company entered the global market by exporting its Samuel Adams line of beer in the foreign markets. Samuel Adams was one of the first exporters who started exporting in the European countries.
8.The first benefit is to enter the market immediately in which the other companies are conducting the activities. When aligning with the company in the market, the company can enter the market without considering marketing and research which is required to achieve success in the market. By considering pitfall it can be analyzed that loss of control can take place (Babin & Zikmund, 2015).
9.The joint venture is considered as a term which is considered by two or more organizations so that competitive advantage can be achieved. It is not permanent but is created by signing the agreement which is for less time. The disadvantage is related to the low profits that lower the control of the companies (van der Meer-Kooistra & Kamminga, 2015).
10.It is seen that equity companies will invest financially in the companies whereas non-equity organizations will be dependent on the individual with the strategic business plans. Profits are shared in equity whereas in non-equity the companies will not share the profits.
11.The corporate scenario is considered as a pro forma balance sheets and also income statements that help to analyze the impact of the strategies. The corporate scenario also gives impact on the process of decision making by considering a preview of the results.
12.It is seen that outsourcing should be considered when the organization is successful. Outsourcing can help to enhance the efficiency and also reduce the cost. Southwest airline is trying to outsource the activities which can give a bad image on their name.
13.One of the functional strategies is marketing strategy which will help to increase the company bottom line. It is seen that if the good marketing strategy is not there then it cannot be possible to offer the products to the customers. Market saturation and market penetration is the strategy that will help to sell the products and make profits (Manning, 2017).
14.Programs are related to making a strategy which is strategy action oriented. Budgets are concerned with the final check on the feasibility. Procedures are created to conduct the actions of the company that will help to achieve success.
15There are various stages of the lifecycle, horizontal growth strategy, maturing firm, decline stage. Gulfstream is one the stage 3 which is organizational life cycle.
16.It is seen that goals and objectives can be achieved. Synergy is considered when the two things come together and give proper results. Proper strategy takes place when a proper planning of action is done (Tantalo & Priem, 2016).
17.The director focuses on the senior management who consider the strategy which is used by the organization. A person who is expert will be considered and also a profit planner that will help to enhance the performance.
18.It is analyzed that total quality management is a strategic tool whereas MBO is a performance management tool.
19.Corporate culture supports the mission and strategy of the organization. Southwest airline is having positive corporate culture. The employees conduct the activities with proper support (Guiso, Sapienza & Zingales, 2015).
20.Output control which helps to achieve objectives. Behavior controls help to specify the policies. Input controls give focus on the skills and values (Wheelen, Hunger, Hoffman & Bamford, 2017).
21.The measurements are traditional forms and financial measurements which will help to earn profits.
22.I would take into consideration the long-term evaluation method that will help to achieve profits. It is seen that in the last five years the craft beer market has enhanced and there are many craft breweries who are giving tough competition
References
Babin, B. J., & Zikmund, W. G. (2015). Exploring marketing research. Cengage Learning.
Galpin, T. J. (2018). Making Corporate Strategy Work-Focused Corporate Parenting as a Core Competence. Journal of Business Strategy.
Guiso, L., Sapienza, P., & Zingales, L. (2015). The value of corporate culture. Journal of Financial Economics, 117(1), 60-76.
Hirst, P., Thompson, G., & Bromley, S. (2015). Globalization in question. John Wiley & Sons.
Manning, T. (2017). The development and use of a contingency model of objective setting. Industrial and Commercial Training, 49(6), 288-295.
Tantalo, C., & Priem, R. L. (2016). Value creation through stakeholder synergy. Strategic Management Journal, 37(2), 314-329.
van der Meer-Kooistra, J., & Kamminga, P. E. (2015). Joint venture dynamics: The effects of decisions made within a parent company and the role of joint venture management control. Management Accounting Research, 26, 23-39.
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2017). Strategic management and business policy. pearson.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download