Select an article from the internet that you think describes a strategic initiative for a company...

Select an article from the internet that you think describes a strategic initiative for a company in a case where a company is pursuing some type of retrenchment. Answer these questions and be specific. What specific strategy was selected? Explain the difficulties in implementing the strategy or the reason managers said the strategy was selected. Based on what you know about the company, was this a good strategic move? Why?-Select an article from the internet that you think describes a strategic initiative for a company in a case where a company is pursuing some type of international strategy.Answer these questions above for that company and be specific.

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Expert Solution

Lets understand this with the help of example of Ford.
Ford has done many retrenchment s with the strategy of divestment.

The reasons according to ford managers was that bolder moves like retrenchment are required for their organizations to be fruitful later on. They used the divestment strategy. Divestment refers to auctioning off piece of an association's activities for example, when Ford sold Hertz. Divestment can likewise be utilized to turn around in reverse vertical coordination.

As per the articles in Wall street journal , Ford is eliminating 12,000 positions at its activities across Europe before the finish of 2020 and proceeding with a wide, worldwide rebuilding program that as of now has cost around 2,300 jobs in the U.S.

The most recent move comes as Ford gets ready to shut or auction six of its 24 European plants, incorporating a motor plant in Wales, a transmission processing plant in France and three offices in Russia. It additionally plans to cut creation and drop shifts at gathering plants in Germany and Spain.

We believe it is very good move for the company and shareholders , and its stock rose over 2% in early daytime exchanging. This will help to company to focus on the core products and markets and compete in the new environment.

Also as part of the focus on expanding in Euro with he revised international strategy Ford will be a more focused on business in Europe and will be producing more significant yields through emphasis on client needs and a lean structure,. Executing new strategy rapidly will empowers Ford to contribute and develop our driving business vehicle business and give clients more electric vehicles, SUVs, energizing execution subsidiaries and famous imported models from Europe.

Rahul Sunny answered 1 year ago

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