Strategies in Action For this next case assignment, you need to refer to the textbook and turn to pages 161-162 Assurance of Learning Exercise SE - "Classify Some Recent Strategies" where you will see 25 different events. I assume you will have already read Chapter 5. From the 25 different examples, you must select at least ONE example that best fits EACH of the following strategies: [YOU WILL EARN 1 PT FOR CORRECTLY IDENTIFYING AND 1-2 PTS FOR DISCUSSION JUSTIFYING YOUR SELECTION e.g. WHY IS IT A RETRENCHMENT FOR EXAMPLE). 1. Retrenchment 2. Divestiture 3. Forward integration 4. Horizontal integration S. Product development Again, you will also need to provide a short discussion to justify WHY you selected the example that best fits EACH of the above required strategies. Note, you only need to include one example for each of the required strategies. You may ignore the three steps set forth in the problem instructions. Also, you may find it helpful to access a money website, such as Yahoo Finance, or even Google and read various news stories related to the company and the related event you selected. For example, the third event listed involves Sears closing 235 stores annually. I would not simply provide one sentence stating what type of strategy this is and that it reduced operating costs, but rather I would access a few related articles of this event and then briefly discuss WHY Sears implemented this strategy and the circumstances Sears faced that justified their actions for example. As transitioning business professionals, you should not only understand the facts surrounding these selected strategies, but also explain by providing YOUR opinions and thoughts accordingly Purpose This exercise can improve your understanding of various strategies by giving you experience in clas- sifying strategies. This skill will help you use the strategy-formulation tools presented in Chapter 6. Consider the following recent strategies by various firms: 1. Amazon started producing and selling its own line of diapers. 2. Milleroors offers free delivery of Miller Lite in four U.S. cities for customers who order through its online store 3. Sears is closing about 235 stores annually. 4. The largest toymaker in the United States, Mattel, is struggling, therefore, it is introducing flashier and more educative toys. 5. German power utility E.ON SE sold its Spanish assets to Australia's Macquarie Group and Kuwait's sovereign-wealth fund for $3.1 billion. 6. Target Corporation is closing all of its 133 stores in Canada and China. 7. Coca-Cola recently axed 1,600 white collar jobs globally as part of a cost-cutting move. 8. Nissan has totally revamped its Titan full-size pickup truck with new features and options and style. 9. General Motors just introduced a sports car version of its electric car, the Chevrolet Volt, and is introducing an all-clectric vehicle in 2017 called the Chevrolet Bolt, capable of driving 200 miles without recharging 10. Solar Winds acquired Pingdom, Confio, and N-Able Technologies to obtain different products and services since the solar business has slowed as oil prices have dropped. 11. Amazon Studios is branching out from television series to movies, with plans to begin produc- ing and acquiring original movies for theatrical release and video streaming, 12. ZF Friedrichshafen AG of Germany recently acquired TRW Automotive Holdings in the United States to create the world's second-largest auto-parts supplier behind Germany's Robert Bosch GmbH and ahead of Japan's Denso Corp. 13. Southwest Airlines recently began flying outside the United States, with flights to various Caribbean Central America, and Mexico destinations. 14. Amazon is pushing aggressively into the same-day grocery delivery service with its AmazonFresh business along the west coast of the United States. 15. USPS has begun delivering groceries for Amazon.com within the AmazonFresh grocery- delivery service, especially in San Francisco and other markets. 16. USPS also recently launched Access Point, a strategy that allows customers to pick up their packages at dry cleaners, convenience stores, and pharmacies 17. The huge food company General Mills recently acquired Annies's Inc. for 5820 million, paying a 37 percent premium for the firm, in order to expand its presence in the rapidly growing organic and natural foods category 18. Google recently entered the hotel-booking industry by acquiring the firm called Room 77 and expanding its ties with big hotel firms such as Hilton Worldwide Holdings and Radisson Hotels that now offer virtual tours on Google Google now allows botels to list their rooms on their site, in effect bypassing travel search sites such as Priceline Group, Expedia, and TripAdvisor 19. Google recently partnered with the medical fimm Novartis to develop high-toch contact lenses that monitor glucose levels and other body functions. 20. Amazon recently entered the mobile payments business and is now competing with PayPal, Apple Pay, and all charge cards. 21. The world's largest furniture retailer, IKEA, recently diversified into the insurance business, providing child, pregnancy, and home insurance products at its stores. 22. Office Depot closed nearly 500 stores in the last three years. 23. The drug maker, Dendreon Corporation, recently filed for Chapter 11 bankruptcy. Its major drug, Provenge, which treats prostate cancer, never gained traction in the market. 24. Symantec Corporation, known for its antivirus software, recently split its $4.2 billion cyberse- curity business away from its $2,5 billion management information business, making them two publicly traded companies. 25. eBay recently split into two companies, with PayPal being one and the eBay Marketplace seg- ment being the other. Strategies in Action For this next case assignment, you need to refer to the textbook and turn to pages 161-162 Assurance of Learning Exercise SE - "Classify Some Recent Strategies" where you will see 25 different events. I assume you will have already read Chapter 5. From the 25 different examples, you must select at least ONE example that best fits EACH of the following strategies: [YOU WILL EARN 1 PT FOR CORRECTLY IDENTIFYING AND 1-2 PTS FOR DISCUSSION JUSTIFYING YOUR SELECTION e.g. WHY IS IT A RETRENCHMENT FOR EXAMPLE). 1. Retrenchment 2. Divestiture 3. Forward integration 4. Horizontal integration S. Product development Again, you will also need to provide a short discussion to justify WHY you selected the example that best fits EACH of the above required strategies. Note, you only need to include one example for each of the required strategies. You may ignore the three steps set forth in the problem instructions. Also, you may find it helpful to access a money website, such as Yahoo Finance, or even Google and read various news stories related to the company and the related event you selected. For example, the third event listed involves Sears closing 235 stores annually. I would not simply provide one sentence stating what type of strategy this is and that it reduced operating costs, but rather I would access a few related articles of this event and then briefly discuss WHY Sears implemented this strategy and the circumstances Sears faced that justified their actions for example. As transitioning business professionals, you should not only understand the facts surrounding these selected strategies, but also explain by providing YOUR opinions and thoughts accordingly Purpose This exercise can improve your understanding of various strategies by giving you experience in clas- sifying strategies. This skill will help you use the strategy-formulation tools presented in Chapter 6. Consider the following recent strategies by various firms: 1. Amazon started producing and selling its own line of diapers. 2. Milleroors offers free delivery of Miller Lite in four U.S. cities for customers who order through its online store 3. Sears is closing about 235 stores annually. 4. The largest toymaker in the United States, Mattel, is struggling, therefore, it is introducing flashier and more educative toys. 5. German power utility E.ON SE sold its Spanish assets to Australia's Macquarie Group and Kuwait's sovereign-wealth fund for $3.1 billion. 6. Target Corporation is closing all of its 133 stores in Canada and China. 7. Coca-Cola recently axed 1,600 white collar jobs globally as part of a cost-cutting move. 8. Nissan has totally revamped its Titan full-size pickup truck with new features and options and style. 9. General Motors just introduced a sports car version of its electric car, the Chevrolet Volt, and is introducing an all-clectric vehicle in 2017 called the Chevrolet Bolt, capable of driving 200 miles without recharging 10. Solar Winds acquired Pingdom, Confio, and N-Able Technologies to obtain different products and services since the solar business has slowed as oil prices have dropped. 11. Amazon Studios is branching out from television series to movies, with plans to begin produc- ing and acquiring original movies for theatrical release and video streaming, 12. ZF Friedrichshafen AG of Germany recently acquired TRW Automotive Holdings in the United States to create the world's second-largest auto-parts supplier behind Germany's Robert Bosch GmbH and ahead of Japan's Denso Corp. 13. Southwest Airlines recently began flying outside the United States, with flights to various Caribbean Central America, and Mexico destinations. 14. Amazon is pushing aggressively into the same-day grocery delivery service with its AmazonFresh business along the west coast of the United States. 15. USPS has begun delivering groceries for Amazon.com within the AmazonFresh grocery- delivery service, especially in San Francisco and other markets. 16. USPS also recently launched Access Point, a strategy that allows customers to pick up their packages at dry cleaners, convenience stores, and pharmacies 17. The huge food company General Mills recently acquired Annies's Inc. for 5820 million, paying a 37 percent premium for the firm, in order to expand its presence in the rapidly growing organic and natural foods category 18. Google recently entered the hotel-booking industry by acquiring the firm called Room 77 and expanding its ties with big hotel firms such as Hilton Worldwide Holdings and Radisson Hotels that now offer virtual tours on Google Google now allows botels to list their rooms on their site, in effect bypassing travel search sites such as Priceline Group, Expedia, and TripAdvisor 19. Google recently partnered with the medical fimm Novartis to develop high-toch contact lenses that monitor glucose levels and other body functions. 20. Amazon recently entered the mobile payments business and is now competing with PayPal, Apple Pay, and all charge cards. 21. The world's largest furniture retailer, IKEA, recently diversified into the insurance business, providing child, pregnancy, and home insurance products at its stores. 22. Office Depot closed nearly 500 stores in the last three years. 23. The drug maker, Dendreon Corporation, recently filed for Chapter 11 bankruptcy. Its major drug, Provenge, which treats prostate cancer, never gained traction in the market. 24. Symantec Corporation, known for its antivirus software, recently split its $4.2 billion cyberse- curity business away from its $2,5 billion management information business, making them two publicly traded companies. 25. eBay recently split into two companies, with PayPal being one and the eBay Marketplace seg- ment being the other