Strategic Management Explain the difference between outsourcing and offshoring business finance homework help

Discussion

Instructions: Minimum 200 word count excluding references, and minimum of 1 source must be scholarly and in APA FORMAT. The reading material for this unit will be attached as well. This is the book information, Parnell, J.A. (2008). Strategic management: Theory and practice (3rd ed). Cincinnati, OH: Cengage.

  1. Explain the difference between “outsourcing” and “offshoring”.

Complete

Instructions: Minimum of 1000 word count for the whole section. Must use a minimum of 2 sources per question to validate. Sources must be scholarly and in APA FORMAT. This is the book information, Parnell, J.A. (2008). Strategic management: Theory and practice (3rd ed). Cincinnati, OH: Cengage.

Foundations & Current Challenges in Strategic Management

Case Summary

  1. In a narrative format, discuss Wal-Mart from a strategic perspective. Discuss Wal-Mart’s strengths and weaknesses? Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in “real time.

Case Analysis

  1. How has Wal-Mart grown from a small region chain to the largest discount retailer in the world? How has its strategy contributed to the firm’s growth?
  1. What challenges does Wal-Mart currently face at home and abroad in its attempt to maintain industry dominance? Is it feasible that Wal-Mart will fall from the top position in the next decade? Why or why not?

Application

  1. Suppose you are the manager of a small electronics store in a community of 10,000. Wal-Mart has just opened a store across the street? What changes would you make to survive—and thrive—now that Wal-Mart has come to town?
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