Reference no: EM132252179
Issues:
Issue 1: Is Outsourcing a Wise Corporate Strategy?
Issue 2: Is Downsizing a Sound Strategic Initiative?
Issue 3: Does Expanding via Mergers and Acquisitions Make for Sound Corporate Strategy?
Consider yourself either a business owner or part of upper-management in which you are looking at growing your business, creating greater efficiencies and/or surviving in a downturn economy:
Discussion Question 1:
1. Contrast/Compare the three issues above by:
1) Part 1) providing the pros and cons of using each as a business strategy,
2) Part 2) How using each or all reflects the personality, mission, and vision of your company, and
3) Part 3) If you have chosen to use any or all of the above strategies how do you communicate or prepare your stakeholders.
Important Note: Be sure to label each of the three parts of your answer (Part 1, Part 2 and Part 3)
Important Note: Compare and Contrast. Simply defining each issue/topic above will not satisfy the required answer. To help you understand what is requested consider the definition of Contrast:
Contrast definition, to compare in order to show unlikeness or differences; note the opposite natures, purposes, etc., (Please don’t plagiarize)