If a company has $1 million to spend on a new strategy and is considering market development versus product development, what determining factors would be most important to consider?
Answer to relevant QuestionsWhat conditions, externally and internally, would be desired/necessary for a firm to diversify? Define and give an example of a secondary buyout. Why did secondary buyouts triple in total dollar value in 2012 versus 2011? Give recent examples of joint venture, retrenchment, divestiture, and liquidation. What are the pros and cons of a firm merging with a rival firm? What do you believe are the five most important benefits of outsourcing?
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