Describe Diversification and Value in Business

Peer Responses It is important that you become comfortable receiving and giving constructive criticisms, since this is an important component in ones professional growth and development and a core competency for leaders. Students will be expected to read the initial posting of three peers, and then provide thoughtful comments addressing the following: a) Comments demonstrate critical thinking, application, examples, and contribute substance to discussion dialogue. b) Point out what you agree with that your peer has written in the discussion; what you perceived to be the strengths of the initial posting of the subject matter, along with supporting rationale. c) Identify specific opportunities for improvement with regard to the content in the initial posting. Furthermore, you should provide supporting rationale for your stated position, as well as concrete suggestions and guidance intended to strengthen the effectiveness of the content. FYI.THIS IS THE DISCUSSION QUESTION EACH PEER RESPONDED TO: Initial Posting – Using a business publication (Forbes, Wall Street Journal, Businessweek, Fortune, Fast Company) article, find a company that has expanded by diversification. Describe the type of diversification and how the diversification created value. Evaluate how successful you think the diversification will be in future (5 or 10 yrs, for instance). What issues or challenges is the diversification likely to cause? Text Books and Materials Title: Strategic management: Concepts and tools for creating real world strategy. Hoboken, NJ: John Wiley and Sons Edition: 2 Authors: Dyer, J., Godfrey, P., Jensen, R., & Bryce, D. Publisher: Wiley, 2017 Title: Elevate: The three disciplines of advanced strategic thinking Edition: 1 Authors: Horwath, R. Publisher: John Wiley and Sons, 2014
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