answers
structutal innovations ✔✔modifying the structure of the organization and/or the
business model to improve competitiveness
value innovations ✔✔modifying products, services, and activities in order to
maximize value delivered to customersacquisition ✔✔a form of merger whereby
one firm purchases another, often with a combo of cash and stock
Backward Integration ✔✔A firm's acquisition of its suppliers.
BCG Growth share matrix ✔✔a corporate portfolio framework developed by the
Boston consulting group that categorizes a firms business units by the market
share that they hold and the growth rate of their respective markets
Conglomerate (Unrelated) Diversification ✔✔A form of diversification in which a
firm acquires a business to reduce cyclical fluctuations in cash flows or revenues.
core competencies ✔✔The firm's key capabilities and collective learning skills that
are fundamental to its strategy, performance, and long-term profitability.
corporate profile ✔✔Identification of the industry or industries in which a firm
operates.
, corporate level strategy ✔✔The strategy that top management formulates for the
overall company.
divestment ✔✔A corporate-level retrenchment strategy in which a firm sells one
or more of its business units.
external growth ✔✔A corporate-level growth strategy whereby a firm acquires
other companies.
forward integration ✔✔A firm's acquisition of one or more of its buyers.
Growth Strategy ✔✔A corporate-level strategy designed to increase revenues, and
ultimately profits and/or market share.
Horizontal Integration ✔✔a form of acquisition in which a firm expands by
acquiring other companies in its same line of business
horizontal related diversification ✔✔A form of diversification in which a firm
acquires a business outside its present scope of operation but with similar or
related core competencies.
internal growth ✔✔A corporate-level growth strategy in which a firm expands by
internally increasing its size and sales rather than by acquiring other companies.