Please help with the question below. I have attached a image of the alternative organizational strategies. Please do not copy and paste back anything that has already been posted.Senario: Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are.Question: Based on each category of alternative organizational strategies discussed in the course, select one (1) strategy from each of the categories which you and your team can pursue to ensure success applicable to the scenario presented. Explain clearly how the service being offered would be actioned through each category. STRATEGY DEFINITIONForwardIntegrationBackwardIntegrationHorizontalIntegrationMarketPenetrationMarketDevelopmentProductDevelopmentTable 4.1: Types of Alternative Organisational Strategies2005 EXAMPLESRelatedDiversificationDivestitureINTEGRATION STRATEGIESLiquidationGaining ownership or increasedcontrol over distributors or retailersSeeking ownership or increasedcontrol of a firm's suppliersSeeking ownership or increasedcontrol over competitorsSeeking increased market sharefor present products or services inpresent markets through greatermarketing efforts.INTENSIVE STRATEGIESIntroducing present products orservices into new geographic area.Seeking increased sales by improvingpresent products or services ordeveloping new ones.DIVERSIFICATIONAdding new but related products orservicesRetrenchment Regrouping through cost and assetreduction to reverse declining salesand profits.Budget Rent-a-Car is opening car rental shopsin Wal-Mart stores.Hotels, Inc. purchased a furniture producer.Federated Department Stores, the parent ofMacy's and Bloomingdale's acquired MayDepartment stores.Selling a division or part of anorganisationUnrelatedAdding new, unrelated products or Tupperware Corp., the direct seller ofDiversification serviceskitchenware, has entered and is growing its skinand beauty business through BeautiControl.Selling all the company's assets, inparts, for their tangible worth.Coca-Cola Co. is spending millions to advertiseits new zero calorie drink called Coca-Cola.Bank of America recently purchased a 9 percentstake in China Construction bank, China'sfourth largest lender. This is Bank of America'sfirst big move into china.Advanced Medical Optics is using acquisition toobtain all medical aspects of eye care, from la-ser surgery to contacts to implants for all ages.STRATEGIESDEFENSIVE STRATEGIESUPS acquired Overnite to diversify its packagingbusiness. Now UPS carries packages over 150lbs, which for 98 years it has not done.Viacom is selling noncore assets includingits theme parks, publishing business, radiostations, and movies theaters.Good year Tire & Rubber Co. sold itsNorth American farm-tire business to TitanInternational.Britain's last major car manufacturer, MGRover Group Ltd., liquidated in 2005 and laidoff its 5000 employees. The firm had majormanufacturing facilities at Longbridge in centralEngland.

Question

Please help with the question below. I have attached a image of the alternative organizational strategies. Please do not copy and paste back anything that has already been posted.Senario: Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are.Question: Based on each category of alternative organizational strategies discussed in the course, select one (1) strategy from each of the categories which you and your team can pursue to ensure success applicable to the scenario presented. Explain clearly how the service being offered would be actioned through each category. STRATEGY DEFINITIONForwardIntegrationBackwardIntegrationHorizontalIntegrationMarketPenetrationMarketDevelopmentProductDevelopmentTable 4.1: Types of Alternative Organisational Strategies2005 EXAMPLESRelatedDiversificationDivestitureINTEGRATION STRATEGIESLiquidationGaining ownership or increasedcontrol over distributors or retailersSeeking ownership or increasedcontrol of a firm's suppliersSeeking ownership or increasedcontrol over competitorsSeeking increased market sharefor present products or services inpresent markets through greatermarketing efforts.INTENSIVE STRATEGIESIntroducing present products orservices into new geographic area.Seeking increased sales by improvingpresent products or services ordeveloping new ones.DIVERSIFICATIONAdding new but related products orservicesRetrenchment Regrouping through cost and assetreduction to reverse declining salesand profits.Budget Rent-a-Car is opening car rental shopsin Wal-Mart stores.Hotels, Inc. purchased a furniture producer.Federated Department Stores, the parent ofMacy's and Bloomingdale's acquired MayDepartment stores.Selling a division or part of anorganisationUnrelatedAdding new, unrelated products or Tupperware Corp., the direct seller ofDiversification serviceskitchenware, has entered and is growing its skinand beauty business through BeautiControl.Selling all the company's assets, inparts, for their tangible worth.Coca-Cola Co. is spending millions to advertiseits new zero calorie drink called Coca-Cola.Bank of America recently purchased a 9 percentstake in China Construction bank, China'sfourth largest lender. This is Bank of America'sfirst big move into china.Advanced Medical Optics is using acquisition toobtain all medical aspects of eye care, from la-ser surgery to contacts to implants for all ages.STRATEGIESDEFENSIVE STRATEGIESUPS acquired Overnite to diversify its packagingbusiness. Now UPS carries packages over 150lbs, which for 98 years it has not done.Viacom is selling noncore assets includingits theme parks, publishing business, radiostations, and movies theaters.Good year Tire & Rubber Co. sold itsNorth American farm-tire business to TitanInternational.Britain's last major car manufacturer, MGRover Group Ltd., liquidated in 2005 and laidoff its 5000 employees. The firm had majormanufacturing facilities at Longbridge in centralEngland.

Accepted Answer

The term organizational strategy represents a strategic plan developed by the top management or…