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Company to be used for this exercise is 3M. The 3M Company is an American multinational...

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General Management

Company to be used for this exercise is 3M.

  • The 3M Company is an American multinational conglomeratecorporation operating in the fields of industry, worker safety, UShealth care, and consumer goods

1.    Corporate Level Strategy(Chapters 9 & 10)

1.1.    What is the organization’scorporate-level strategy? Related vs. Unrelated

1.2.    If it operates in more than onebusiness, do the businesses share or trade resources?

1.3.    What are the connections among thedifferent businesses?

1.4.    What has been the primary mode ofdiversification: acquisition, joint-venture, or internalgrowth?

1.5.    What is your assessment of itsgrowth mode?

1.6.    If the organization operates in onebusiness, could it gain value through diversification?

1.7.    If so, which businesses would yourecommend and how can it create value?

What mode of diversification and growth would you recommend?

Answer & Explanation Solved by verified expert
3.8 Ratings (398 Votes)
1 Corporate level strategies are the actions taken by the companies to gain advantages for the business activity in the competing market or industry It also helps to create better profit and value to the shareholders 11 A multinational conglomerate corporations are companies which are involved in doing multiple business operating in entirely different industries under a single corporate group They mainly do have a single parent company and many subsidiaries They mainly focus on diversification of their business activities Such organisations can have either related or unrelated corporate level strategies In related corporate level strategy the company tries to add or expand their market or product lines For example a juice bar starting a bakery along with to expand and provide new products to their customer They provide similar products or services to new customers or clients In unrelated corporate level strategy the company expands by adding new and unrelated    See Answer
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