Assignment -
Write a paragraph that explains each learning objective listed at the beginning of each chapter.
Textbook - Essentials of Strategic Management, Second Edition by CHARLES W. L. HILL and GARETH R. JONES.
Chapter 6 - Strategy in the Global Environment
Learning Objectives - After reading this chapter, you should be able to
1. Understand the process of globalization and how it impacts a company's strategy.
2. Discuss firms' motives for expanding internationally.
3. Review the different strategies that companies use to compete in the global marketplace.
4. Explain the pros and cons of different modes for entering foreign markets.
Chapter 7 - Corporate-Level Strategy and Long-Run Profitability
Learning Objectives - After reading this chapter, you should be able to
1. Discuss the arguments for and against concentrating a company's resources and competing in just one industry.
2. Explain the conditions under which a company is likely to pursue vertical integration as a means to strengthen its position in its core industry.
3. Appreciate the conditions under which a company can create more value through diversification and why there is a limit to successful diversification.
4. Understand why restructuring a company is often necessary and discuss the pros and cons of the strategies a company can adopt to exit businesses and industries.
Attachment:- Template.rar