What is a functional strategy?
Choose one country currently involved in a debt crisis. What are the primary factors that created the crisis? What steps have been taken thus far?
August 4, 2017Explain why it is necessary to have a clearly stated hypothesis before beginning to collect data.
August 4, 2017
2 Page Essay in APA format
TURNIRIN will be used so cite properly and use original content
For this essay, you will conduct research on corporate strategies and the affect they have on the decision process. You may use Nordstrom Department Stores decision to open 6 new stores in Canada starting in 2014 as the decision-making process. As you explore the decision process, consider how corporate strategies influence these decisions. In your essay, address the following questions:
- What is a functional strategy?
- What are stability strategies in business? What are the pros and cons of these strategies?
- What are competitive and cooperative strategies?
- What are the tradeoffs (pros and cons) between an internal and an external growth strategy? Which approach is best as an international strategy? Why? What about retrenchment?
- In which ways does policy impact corporate strategy implementation and achievement of organizational goals and objectives?
- How does a company’s portfolio guide decisions?
Your essay should be at least two pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length.
To complete this assignment, a minimum of three reputable sources must be used, cited, and referenced.
Use APA style guidelines.
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