The Ways in Which Strategy Implementation Can Be Achieved Assignment - 2

The Ways in Which Strategy Implementation Can Be Achieved - Assignment Example This research will begin with the statement that strategic planning for the medium and long-term objectives of a company is a key way to achieve the overall goals of an organization. Medium term strategies aim to provide long-term solutions to the problems of an organization, while long-term strategies aim to provide permanent solutions to the problems. There are five types of market entry strategies that can be used by organizations namely organic growth, mergers or acquisitions, franchising, licensing and strategic alliances. Acquisitions are likely to occur when an organization wants to increase its market share in any new market. Mergers are more likely to occur when companies have comparable financial capital and resources. Franchising is more likely to occur when a particular organization wants to create a positive brand image in the minds of the consumers by providing them with the products and services of the company. Licensing is more likely to occur when an organization wan ts to enter a country in a quick manner to deal with legal issues relating to trade barriers. Organic entry is a form of entry where the profits from the existing business are used to channel growth into new activities. Substantive growth strategies are related to vertical and horizontal integration. Vertical integration is related to increasing the ownership of the value chain to take better control over marketing operations. Horizontal integration is, on the other hand, related to the collaboration between two similar companies which belongs to the same stage of production. This type of an arrangement helps in closing down of less efficient units by taking advantage of economies of scale.The limited growth strategy has four major components namely market penetration, product development, market development, and innovation.

IT Ethics Essay Example | Topics and Well Written Essays - 250 words

IT Ethics - Essay Example This is forcing companies to regulate as well as contain company secrets in an enclosed circle of managers as a means of protecting the future of an IT organization. However, the state of the economy has influenced the ideology that ‘every person has a price’. Managers are poached from one firm to another, which implies that individuals can reveal secrets of the firm to competitors (Kelly, 2006). This has made business difficult, especially with the growth of the World Wide Web (www). Social media sites are being banned in organizations to protect company operations and regulate employee activity. In some cases, managers monitor the activities of employees on their computers to ensure that employees follow protocol at work. This has affected privacy in the office; however, it benefits the firm in containing secrets and/or confidential information. In conclusion, IT companies are struggling in containing company secrets. This is attributed to the harsh economic times, as well as corruption in various sectors. This has prompted firms to clampdown on social media sites to preserve the security of information in the firm (Kelly, 2006). Though privacy is fore-gone in companies for employees, the firm will overlook ethical behavior, for information