For this essay, you will conduct research on corporate strategies and the affect they have on the decision process.
Use the same company you chose AMAZON/WALMART
In your essay, address the following questions:
1. What is a functional strategy?
2. What are stability strategies in business? What are the pros and cons of these strategies?
3. What are competitive and cooperative strategies?
4. What are the tradeoffs (pros and cons) between an internal and an external growth strategy?
Which approach is best as an international strategy? Why?
What about retrenchment?
Business Administration Stakeholder Analysis
The Assignment
Please write an essay (maximum five pages) [start with a thesis statement and double-space the essay] to Wells Fargo’s board of directors providing them with a stakeholder analysis and course(s) of action they should take based on your analysis.
In your analysis of the following case, address the following questions:
1. Who are the primary stakeholders? Who are the secondary stakeholders?
2. What attributes of power, legitimacy, and urgency do each of the stakeholders that you identified hold?
3. What economic, legal, ethical and discretionary responsibilities does Wells Fargo have to each of the stakeholders you identified?
4. What are possible alternative courses of action for Wells Fargo?
5. What are the practical constraints to each alternative that you identified?
6. What course of action(s) should Wells Fargo take?
