Thursday, April 5, 2012

Basic Strategic Alternatives

Basic strategic alternatives available to a business organization


1. Concentration on the existing business and its expansion

2. Horizonal integration

3. Vertical integration

4. Diversification

5. Joint ventures

6. Innovation - Product

 

7. Innovation - Process (Technology)
 
8. Innovation - Efficiency Improvement (Industrial Engineering)


9. Retrenchment and Contraction

10. Divestiture

11. Liquidation
 
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Original knol - http://knol.google.com/k/narayana-rao/basic-strategic-alternatives/2utb2lsm2k7a/ 18

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