资料简介: Main Issues In general, corporate strategy becomes relevant and/or salient in a multibusiness company. Illustration of single business vs. multiple businesses, i.e. business value chain and portfolio planning Corporate strategies Vertical integration vs. outsourcing/vertical cooperation Diversification Internal venturing Acquisition Joint venture Strategic alliances Restructuring and Turn around Concentration on a Single Business Advantages Operational focus on a single familiar industry or market. Current resources and capabilities add value. Growing with the market brings competitive advantage. Disadvantages No diversification of market risks. Vertical integration may be required to create value and establish competitive advantage.