Business Management and Strategic Management

Running head: Business management and strategic management
Business management and strategic management

Business management and strategic management
Answer 1
Advantages of matrix
a.) It assists to evaluate the position of the business portfolio.
b.) It can be performed in a simple way.
Disadvantages
a.) It does not give focus on the external factors that can change the condition.
b.) It can be evaluated that external share of the market is not only the factor of profitability.
Answer 2.
Corporate parenting can help to give a contribution to proper corporate strategy as it is
seen that it helps to accomplish the advantage of parenting. It is seen that advantage of parenting
is met when the parents give more emphasis on the portfolio of the business as compared to the
rivalry. This is concerned with the SWOT analysis as it shows the disadvantages and advantages
of the company (Galpin, 2018).
Answer 3
The two strategies related to diversification are concentric and conglomerate. Concentric
is for the companies who have a good position but their attractiveness is low. The conglomerate
is the situation when the organization analyzes that industry attractiveness is low. I would
recommend related approach as it is good for Gulfstream aerospace's it is seen that they conduct
the best activities.
Answer 4
The four strategies are
a.) Full integration strategy: In this, all the resources are owned by the company. The
disadvantage is related to the risk that will be beard by the company.
b.) Taper integration: the production is less on the internal basis and purchases it made from
the suppliers.
1

Business management and strategic management
c.) Quasi-integration helps the company to purchase the goods and services from the outlets.
d.) Long-term integration strategy will be considered when a company wants to share the
benefits and disadvantage of the company.
---------------------------------------------------------------------------------------------------------------------
Answer 1.
Globalization is considered as a strategy that will be considered so that business can
expand its activities on a global basis. Regionalization is also one of the forms of decentralized
regions and it is considered to offer a strong regional focus. Localization is related to consider
the products of a particular local market (Hirst, Thompson & Bromley, 2015).
Answer 2
Two reactive responses are
a.) Customer demand
b.) Regulations and restrictions
Two proactive reasons are
a.) Profits that will help to grab a large market share
b.) The first mover in the emerging market
Answer 3
It is analyzed that Boston Beer Company entered the global market by exporting its
Samuel Adams line of beer in the foreign markets. Samuel Adams was one of the first exporters
who started exporting in the European countries.
Answer 4
The first benefit is to enter the market immediately in which the other companies are
conducting the activities. When aligning with the company in the market, the company can enter
the market without considering marketing and research which is required to achieve success in
2