Source: Adapted from Daft, R. L, & Marcic, D. (2015). Understanding management (

Question

Source: Adapted from Daft, R. L, & Marcic, D. (2015). Understanding management (9th ed., p. 74). Stamford management (9th ed., p. 74). Stamford, CT: Cengage Learning. For each example presented in the following table, identify the strategy used for adapting to the environment. Boundary- Inter- Joint spanning roles organizational partnerships Mergers ventures Example Supermarket chains Kroger, Albertsons, and Safeway banded together to negotiate with labor unions. Pharmaceutical companies such as AstraZeneca monitor the research going on in university laboratories to speed up the development of new drugs Wells Fargo combined with Wachovia to form the nation's fourth largest banking corporation Delaco Steel, a U.S. steelmaker, and ArcelorMittal, a Luxembourg steelmaker work together to run two new laser welding plants O Type here to search Et

Explanation / Answer

1) Super market chains... - It is the merger as all the firms are banded together to negotiate with Labor unions

2) Pharmaceutical companies.... - It is a boundary spanning roles as the internal network of company is linked with external sources of information

3) Wells Fargo combined with Wachovia - It is a Joint venture as both the firms combined and formed 4th largest banking corporation

4) Delaco Steel and Arcelor Mittal - It is an Inter organizational partnership as both the firms are working together to run new laser welding plant

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