Discussion Post: Corporate Growth Strategies
Chapter Two "Corporate Strategy Decisions and Their marketing Implications"
One of the highlights Chapter Two discusses is on corporate growth strategies. To determine where future growth is coming from, corporate management must decide on a strategy out of following two major directions:
a) Expansion of its current businesses and activities
b) Diversification into new businesses, either through internal business development or acquisition
To better understand these two conceptes, we continue to use "Samsung -- Changing Strategies to Build A Global Brand" for our Discussion.
This class expects you to contribute two times:
Your contribution one -- answer one question only out of four questions below after your study Chapter Two --
• "Expansion by Increasing Penetration of Current Product-Markets," is this a strategy Samsung has used? Explain why or why not.
• "Expansion by Developing New Products for Current Customers," is this a strategy Samsung has used? Explain why or why not.
• "Expansion by Selling Existing Products to New Segments or Countries," is this a strategy Samsung has used? Explain why or why not.
• "Diversification to Become a Conglomerate," is this a strategy Samsung has used? Explain why or why not.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.