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Question:
1. As CEO of your company what are your thoughts regarding the attractiveness and disadvantages of the two (2) types of diversifications? Please discuss and contrast each.
2. As CEO please explain your understanding of the issues associated with the "agency problem" as it applies to a corporation and how the issues may be mitigated. Please thoroughly discuss!.
3. What are your thoughts as CEO of the concept and the associated steps in designing an effective "strategic control system"? Please thoroughly discuss. (Hint.think of the result of your planning efforts)
4. What are your views as CEO of the advantages and problems associated with managing corporate strategy through the multidivisional structure? Please thoroughly discuss.
Verified Expert
Diversification is an essential strategy for all the business organization, and that is essential for both employees and client satisfaction. It is vital for an organization to recognize agency problems and needs to use various strategies to mitigate all the issues effectively. Proper strategic control in the organization also helps management to improve its performance rapidly. At the same time use of multidimensional structure also have some advantages and disadvantages that provides organization great competitive advantages in operating market. For that reason, this particular project mainly indicates various segments such as diversification, strategic controls, multidivisional structures that helps a business to grow faster.
Answer each question FULLY. Make sure your answer conveys a well-developed understanding of the material.Please thoroughly discuss.Please discuss and contrast each.Please thoroughly discuss.( Hint…think of the result of your planning efforts )
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