Horizontal Expansion
Explain the term Horizontal Expansion?
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It is defined as the growth strategy. Of a firm tries to expand its business through the creation of other firms within their same line of business it is known as the horizontal expansion. The purpose of the horizontal expansion is to improve the market Shane. In order to decrease the cost of production through the large scale economic to take the benefit of the synergy and to encourage the products and the services more efficiently to the larger audience.
Explain the term Distinctive competency?
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What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
There are two questions, both of them are response of some discussion of the strategic operation management, the topic is mainly about globe integration.
This is a follow up response of discussion, the subject is management of strategic operation, the discussion is talking about the globe integration and related implication.
Explain hostile takeover and friendly takeover?
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