Question 1elaborate on the following business strategies, Ask an Expert

Management Studies

Question 1:

Elaborate on the following business strategies giving examples, and discuss under what circumstances these business strategies are applied.

a) Forward integration
b) Product development
c) Conglomerate diversification
d) Retrenchment

Question 2:

(i) Explain the components in an ideal mission statement of a business organisation?

ii) Using the above components of a mission statement, write a model mission statement for the organisation where you are working/studying which can be used by your organisation in future?.

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Strategic Management, Management Studies

Category:- Strategic Management
Reference No.:- M9590817

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