The challenges faced by diversified corporations – firms that operate in more than one industry or market – have changed over the years. There is now a wide range of strategies, including corporate level strategy, to add competitive advantage to these corporations as a whole.
In Corporate Level Strategy, Furrer guides the reader in developing the ability to consider the impact of change and other important environmental forces on the opportunities for establishing and sustaining corporate advantage by exploring three fundamental questions:
Replete with case studies and international examples, and featuring a companion website, this incisive book is an ideal read for advanced undergraduate and postgraduate students.
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Olivier Furrer is Associate Professor of Strategic Management at Radboud University Nijmegen, the Netherlands. His current research interests are in the areas of international corporate social responsibility and response strategies in problematic strategic alliances.
1. What is Corporate-Level Strategy? 2. Why Do Multibusiness Firms Exist?: Theoretical Approaches to Corporate-Level Strategy 3. Defining the Business 4. Diversification Strategies: Creating Corporate Value 5. The Issue of Relatedness 6. Diversification and Performance: Limits to the Scope of the Firm 7. The Role of the Parent: Managing the Multibusiness Firm 8. Organizing and Structuring the Multibusiness Firm 9. Vertical Integration: Coordinating the Value Chain 10. The Growth of the Firm: Internal Development, Mergers & Acquisitions, and Strategic Alliances 11. Restructuring Strategies: Reducing the Scope of the Firm 12. Multipoint Competition: Managing Market Power 13. International Diversification: Global Integration and Local Responsiveness 14. Corporate Governance: Controlling Top Managers and Meeting Corporate Social Responsibilities
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