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Using Google, perform a search on “acquisition strategy.” Identify at least two companies in different industries that are using acquisitions to strengthen their market positions. How have these acquisitions enhanced the acquiring companies’ competitive capabilities?
Using Google, find two examples of how companies have relied on strategic alliances or joint ventures to substitute for horizontal or vertical integration.
Read Case 13 – Panera Bread Company in 2016: Is the Company’s Strategy to RejuvenateitsGrowthWorking? Onpagesc142–c163.WhatisPaneraBread’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Panera Bread is taking? What type of competitive advantage is Panera Bread trying to achieve?
Thompson, Peteraf, Strickland, and Gamble. (2018). Crafting and executing strategy: The quest for competitive advantage. 21/E. New York, NY: McGraw Hill/Irwin. (Thompson, Peteraf, Strickland, & Gamble, 2018, p.142)