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Canada (161,661)
GMS 200 (566)
Chapter 7

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Department
Global Management Studies
Course
GMS 200
Professor
Peter Rambert
Semester
Winter

Description
Growth strategyexpansion of organizations current operationsStability strategymaintains current operations without substantial changesRenewal strategytries to solve problems and overcome weaknesses that are hurting performancecut sizes and rearrange operationsCombination strategypuruses growth stability and or retrenchment in some compbonationGrowth through concentration growing within the same business areaGrowing through diversificationgrowing by acquisition of or investment in new and different business areasGrowth through vertical integration growth by acquiring suppliers or distributersRestructuring correct weaknesses by changing the mix or reducing the scale of operationsTurn around focuses on fixing specific performance problemsie mcdonalds adding more coffeeRestructuring by downsizing decrease the size of operations often by reducing the work forceRestructuring by divesti
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