Management ,CRITICALLY dISCUSS how diversification fits into an organization's overall strategic planning process.
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- Explain why environmental analysis is considered to be an important activity for the strategy formulation process of an organizationUnder what conditions will a related diversification strategy not be a source of competitive advantage for a firm?Compare internal and external strategic alignment in strategic management.
- Explain internal environmental analysis as part of the strategic management process. Use your own detailed examples to explain the analysis.From a business strategy perspective, what is the purpose of evaluating your "industry" per the Industrial Organization (IO) model.Provide brief complete analysis of different levels of diversification that a firm can pursue by using different corporate-level strategies. What are the three reasons firms choose to diversify their operations? Give industry examples