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Discussion 3 - Corporate Strategy Due: Sunday, 5 March 2023, 11:55 PM We have covered Diversification Strategies extensively in this chapter. Using some of the
Discussion 3 - Corporate Strategy Due: Sunday, 5 March 2023, 11:55 PM We have covered Diversification Strategies extensively in this chapter. Using some of the concepts outlined in this chapter, please provide appropriate examples to answer the following questions. Provide citations for all your research sources (including the textbook, if you use any information from it). You must use at least one source other than your textbook as a reference. NOTE: Wikipedia is NOT an acceptable source. Pick an Albertan (preferred) or Canadian company (this means the company/business was started in or has headquarters in Canada) that has diversified their business. 1. Tell us about the business: Name of company Vision and/or Mission Original industry and new industry (ies) Was this a related diversification, unrelated diversification or a combination related-unrelated diversification strategy? Was this a vertical or horizontal diversification? Did they start up their own operations or purchase/combine with another company? Lastly, has this been a good idea - i.e. in general, are the shareholders/owners better off with the diversification? Explain your answer. The first students to post will have the easiest time. If someone already posted a company then others can not use the same company/product
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