Please assist with the question below. I have attached a image of the alternative organizational strategies. Please do not copy and paste back anything that has already been posted.Senario: Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are.Question: Based on each category of alternative organizational strategies discussed in the course, select one (1) strategy from each of the categories which you and your team can pursue to ensure success applicable to the scenario presented. Explain clearly how the service being offered would be actioned through each category. STRATEGY DEFINITIONForwardIntegrationBackwardIntegrationHorizontalIntegrationMarketPenetrationMarketDevelopmentProductDevelopmentTable 4.1: Types of Alternative Organisational Strategies2005 EXAMPLESRelatedDiversificationDivestitureINTEGRATION STRATEGIESLiquidationGaining ownership or increasedcontrol over distributors or retailersSeeking ownership or increasedcontrol of a firm's suppliersSeeking ownership or increasedcontrol over competitorsSeeking increased market sharefor present products or services inpresent markets through greatermarketing efforts.INTENSIVE STRATEGIESIntroducing present products orservices into new geographic area.Seeking increased sales by improvingpresent products or services ordeveloping new ones.DIVERSIFICATIONAdding new but related products orservicesRetrenchment Regrouping through cost and assetreduction to reverse declining salesand profits.Budget Rent-a-Car is opening car rental shopsin Wal-Mart stores.Hotels, Inc. purchased a furniture producer.Federated Department Stores, the parent ofMacy's and Bloomingdale's acquired MayDepartment stores.Selling a division or part of anorganisationUnrelatedAdding new, unrelated products or Tupperware Corp., the direct seller ofDiversification serviceskitchenware, has entered and is growing its skinand beauty business through BeautiControl.Selling all the company's assets, inparts, for their tangible worth.Coca-Cola Co. is spending millions to advertiseits new zero calorie drink called Coca-Cola.Bank of America recently purchased a 9 percentstake in China Construction bank, China'sfourth largest lender. This is Bank of America'sfirst big move into china.Advanced Medical Optics is using acquisition toobtain all medical aspects of eye care, from la-ser surgery to contacts to implants for all ages.STRATEGIESDEFENSIVE STRATEGIESUPS acquired Overnite to diversify its packagingbusiness. Now UPS carries packages over 150lbs, which for 98 years it has not done.Viacom is selling noncore assets includingits theme parks, publishing business, radiostations, and movies theaters.Good year Tire & Rubber Co. sold itsNorth American farm-tire business to TitanInternational.Britain's last major car manufacturer, MGRover Group Ltd., liquidated in 2005 and laidoff its 5000 employees. The firm had majormanufacturing facilities at Longbridge in centralEngland.

In today's competitive business sector, it is crucial for companies to be aware of alternative…

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Please assist with the question below. I have attached a image of the alternative organizational strategies. Please do not copy and paste back anything that has already been posted.

Senario: Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are.

Question: Based on each category of alternative organizational strategies discussed in the course, select one (1) strategy from each of the categories which you and your team can pursue to ensure success applicable to the scenario presented. Explain clearly how the service being offered would be actioned through each category.

STRATEGY DEFINITION
Forward
Integration
Backward
Integration
Horizontal
Integration
Market
Penetration
Market
Development
Product
Development
Table 4.1: Types of Alternative Organisational Strategies
2005 EXAMPLES
Related
Diversification
Divestiture
INTEGRATION STRATEGIES
Liquidation
Gaining ownership or increased
control over distributors or retailers
Seeking ownership or increased
control of a firm's suppliers
Seeking ownership or increased
control over competitors
Seeking increased market share
for present products or services in
present markets through greater
marketing efforts.
INTENSIVE STRATEGIES
Introducing present products or
services into new geographic area.
Seeking increased sales by improving
present products or services or
developing new ones.
DIVERSIFICATION
Adding new but related products or
services
Retrenchment Regrouping through cost and asset
reduction to reverse declining sales
and profits.
Budget Rent-a-Car is opening car rental shops
in Wal-Mart stores.
Hotels, Inc. purchased a furniture producer.
Federated Department Stores, the parent of
Macy's and Bloomingdale's acquired May
Department stores.
Selling a division or part of an
organisation
Unrelated
Adding new, unrelated products or Tupperware Corp., the direct seller of
Diversification services
kitchenware, has entered and is growing its skin
and beauty business through BeautiControl.
Selling all the company's assets, in
parts, for their tangible worth.
Coca-Cola Co. is spending millions to advertise
its new zero calorie drink called Coca-Cola.
Bank of America recently purchased a 9 percent
stake in China Construction bank, China's
fourth largest lender. This is Bank of America's
first big move into china.
Advanced Medical Optics is using acquisition to
obtain all medical aspects of eye care, from la-
ser surgery to contacts to implants for all ages.
STRATEGIES
DEFENSIVE STRATEGIES
UPS acquired Overnite to diversify its packaging
business. Now UPS carries packages over 150
lbs, which for 98 years it has not done.
Viacom is selling noncore assets including
its theme parks, publishing business, radio
stations, and movies theaters.
Good year Tire & Rubber Co. sold its
North American farm-tire business to Titan
International.
Britain's last major car manufacturer, MG
Rover Group Ltd., liquidated in 2005 and laid
off its 5000 employees. The firm had major
manufacturing facilities at Longbridge in central
England.

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