Due Week 7
and worth 320 points
Based on the
strategy created in the previous assignments, write a four to five (4-5) page
paper in which you follow these formatting requirements:
1. Create an
argument for diversification of your business that will be presented to the
board of directors or business investors.
2. Develop a
strategy for diversification indicating the products and industries for the
diversification and how synergies may be gained from the diversified activity.
3. Identify and
discuss the foreign market that the company should enter and discuss the
strategy it should use to enter the market.
4. Discuss
the challenges that company may face in the foreign market, and how it might
respond strategically to minimize the impact of these challenges.
5. Create a
scenario when it would not make sense for the company to diversify or expand
into a foreign market. Provide support for your rationale.
6. Assess how
the company will create a business environment conducive to ethical behavior.
7. Use at
least four (4) quality academic resources in this assignment. Note: Wikipedia
and other Websites do not qualify as academic resources.
Your
assignment must:
Be typed,
double spaced, using Times New Roman font (size 12), with one-inch margins on
all sides; references must follow APA or school-specific format. Check with
your professor for any additional instructions.
Include a
cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the
reference page are not included in the required page length.
The specific
course learning outcomes associated with this assignment are:
Analyze a
plan to implement a firm’s strategy and manage the change from current
operations.
Assess how
Ethics, Corporate Social Responsibility, Environmental Sustainability, impacts
strategy.
Use
technology and information resources to research issues in strategic
management.
Write
clearly and concisely about strategic management using proper writing
mechanics.
Grading for
this assignment will be based on answer quality, logic/organization of the
paper, and language and writing skills
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