Peter is considering operating a local business in the textile, clothing and footwear sector. Peter has completed research into the operations of similar businesses both locally and regionally and intends to market and sell his products both at the local and regional level at the same time. Peter understands that to shape the business’s overall strategy there are various strategic drivers both internally and externally which must be considered and wants expert advice on these drivers relevant to his business. He is also struggling with deciding on the best structure for the organization, as well as the most effective ways of marketing his products to ensure that they are more attractive to buyers than the current options. Peter is considering a strategic alliance but is not sure if to form links among non-competitive firms or associate with firms in an un-related activity. He is also aware that even other types strategic alliances exist but does not have a good grasp on this area to make an informed choice. Peter is aware of internal and external tools which businesses use to understand the operating environment but is unsure which ones are feasible for his business or will provide the most relevant information. Peter wants to go global in the future. He was listening to a radio program and they mentioned that there are drivers that shape strategies when persons are considering going global but he is not familiar with what these are. Whilst Peter has a lot of ideas, he recognizes the need for help to ensure his success. Further the case above, as a Strategic Management Consultant, please answer the following question: 1. Identify and discuss the four (4) categories which strategic alliances can fall into as discussed in the course. Clearly identify a type of alliance, from the discussion for Peter based on the scenario presented with the use of a company locally or regionally to improve his chances of succeeding in the market. The name of the company must be clearly stated. Information from the scenario must be included to support the discussion.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Peter is considering operating a local business in the textile, clothing and footwear sector. Peter
has completed research into the operations of similar businesses both locally and regionally and 
intends to market and sell his products both at the local and regional level at the same time. Peter 
understands that to shape the business’s overall strategy there are various strategic drivers both 
internally and externally which must be considered and wants expert advice on these drivers 
relevant to his business. He is also struggling with deciding on the best structure for the 
organization, as well as the most effective ways of marketing his products to ensure that they are 
more attractive to buyers than the current options. Peter is considering a strategic alliance but is 
not sure if to form links among non-competitive firms or associate with firms in an un-related 
activity. He is also aware that even other types strategic alliances exist but does not have a good 
grasp on this area to make an informed choice. Peter is aware of internal and external tools which 
businesses use to understand the operating environment but is unsure which ones are feasible for 
his business or will provide the most relevant information. Peter wants to go global in the future. 
He was listening to a radio program and they mentioned that there are drivers that shape strategies 
when persons are considering going global but he is not familiar with what these are. Whilst Peter 
has a lot of ideas, he recognizes the need for help to ensure his success. 

Further the case above, as a Strategic Management Consultant, please answer the following
question:

1. Identify and discuss the four (4) categories which strategic alliances can fall into 
as discussed in the course. Clearly identify a type of alliance, from the discussion 
for Peter based on the scenario presented with the use of a company locally or 
regionally to improve his chances of succeeding in the market. The name of the 
company must be clearly stated. Information from the scenario must be 
included to support the discussion.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON