1. Corporate Strategy Scavenger Hunt Please find recent, practical examples for the following concepts in popular press (text book is not sufficient): Horizontal Integration, Vertical Integration, Outsourcing, and Cooperative Relationship. For your answer, please include the following for each of the four concepts: A brief description of the concept, a brief description of the example you find (with a reference), and a brief description of the connection between the two.
2. Identify and discuss the profitability justifications for pursuing a multi business model based on diversification.
3. Give an example of an industry that has recently undergone a technological paradigm shift. What impact did the shift have on established companies and on new entrants to the industry?
4. Consider the case of a family-run business that operates one small local retail shop and its subsequent expansion into more locations and more stores. Describe the changes that are likely to take place in that business's organizational structure as it grows in size, geographic dispersion, and complexity. Tell why the changes are beneficial for the business.
5. Mohawk Industries Inc. is the largest designer, maker, and seller of carpets in the United States. In a separate division, the firm's product line also includes floor tile, pillows, and bed linens. Mohawk has a strong emphasis on cost reduction. If the firm wishes to sell more products overseas, what strategy would you recommend, and why? Based on your response, recommend an organizational structure for Mohawk to use as it globalizes. Explain why the structure you recommend is the most appropriate one for Mohawk.