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Choose five of the strategies listed in Chapter 4, Table 3 (p. 112) of your eText. Identify a company that is using or has used

Choose five of the strategies listed in Chapter 4, Table 3 (p. 112) of your eText. Identify a company that is using or has used the strategy (note: your examples must be different from the examples provided in textbook). Provide the strategy, the company name, and a description of the event or actions that indicate the strategy was used. then describe how the strategy affected the organization and whether or not it was successful. Cite and reference your answers in APA Format and include a list of references. You can provide your answer in the following chart.

Attached Table 3

Strategy Company Event/actions Success of strategy

1

2

3

4

5

image text in transcribed Table 3 Alternative Strategies Defined and Recent Examples Given Strategy Definition Example Forward Integration Gaining ownership or increased control over distributors or retailers Nike opening 100 outlet stores and selling 30% more products on its website Backward Integration Seeking ownership or increased control over suppliers Boeing building 80% of its wing flap motors in-house Horizontal Integration Seeking ownership or increased control over competitors Nestle purchasing Sweet Earth Foods Market Penetration Seeking increased market share for present products in present Cristiano Ronaldo and LeBron James sign lifetime markets through greater marketing endorsement deal with Nike Market Development Introducing present products into new geographic area Publix building 20 new supermarkets in North and South Carolina Product Development Seeking increased sales by improving present products or Ford shifting one-third of its scheduled R&D budget on developing new ones gas/diesel engines to electric engines Related Diversification Adding new but related products Walmart acquired Jet.com for $3.3 billion Unrelated Diversification Adding new, unrelated products CVS pharmacy acquiring Aetna insurance Retrenchment Regrouping through cost and asset reduction to reverse declining Eli Lilly laying off 3,500 employees sales and profit Divestiture Selling a division or part of an organization Toshiba aims to sell its memory-chip unit to Bain Capital Liquidation Selling all of a company's assets, in parts, for their tangible worth Ringling Bros. and Barnum & Bailey Circus liquidated (last performance was on May 21, 2017)

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