Begin by selecting two functional strategies from the list below:
Marketing Strategy
Financial Strategy
Research and Development (R&D) Strategy
Operations Strategy
Purchasing Strategy
Logistics Strategy
Human Resource Management (HRM) Strategy
Information Technology Strategy
Explain the overall goals of each of the strategies that you selected, generally speaking. Then, expand on your choices by describing how each functional strategy may work together to potentially achieve economies of scope. Further develop your response by describing how the functional strategies that you selected operate either at your place or work, a place where you have worked in the past, or in a hypothetical “best” corporation scenario. Alternatively, you may research an actual corporation to further develop your response on your chosen functional strategies.
Be sure to post at least 2 references plus your textbook in support of your explanations and conclusions.
text book: Vitalsource.com (corporate finance)
Book: Strategic Management and Business Policy found under the “my bookshelf” tab.
Textbook this week chapter 8
