In my perspective, Porsche’s expansion through linked and regional diversifications would fail. First and foremost, I believe that global development demands corresponding diversifications. As a result of the variances between countries, product standards alter, resulting in differences in product specifications. Even though this strategy is sound, Porsche’s history as a specialist firm means it is unlikely to succeed.
Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success?
Cite this page
References
Academic.Tips. (2023) 'Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success'. 20 January.
Reference
Academic.Tips. (2023, January 20). Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success? https://academic.tips/question/porsche-is-expanding-rapidly-through-both-related-and-geographic-diversification-do-you-consider-this-business-strategy-to-be-successful-why-or-why-not-if-you-consider-porsches-diversific/
References
Academic.Tips. 2023. "Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success?" January 20, 2023. https://academic.tips/question/porsche-is-expanding-rapidly-through-both-related-and-geographic-diversification-do-you-consider-this-business-strategy-to-be-successful-why-or-why-not-if-you-consider-porsches-diversific/.
1. Academic.Tips. "Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success?" January 20, 2023. https://academic.tips/question/porsche-is-expanding-rapidly-through-both-related-and-geographic-diversification-do-you-consider-this-business-strategy-to-be-successful-why-or-why-not-if-you-consider-porsches-diversific/.
Bibliography
Academic.Tips. "Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success?" January 20, 2023. https://academic.tips/question/porsche-is-expanding-rapidly-through-both-related-and-geographic-diversification-do-you-consider-this-business-strategy-to-be-successful-why-or-why-not-if-you-consider-porsches-diversific/.
Work Cited
"Porsche is expanding rapidly through both related and geographic diversification. Do you consider this business strategy to be successful? Why, or why not? If you consider Porsche’s diversification to be successful, what is the source of Porsche’s success?" Academic.Tips, 20 Jan. 2023, academic.tips/question/porsche-is-expanding-rapidly-through-both-related-and-geographic-diversification-do-you-consider-this-business-strategy-to-be-successful-why-or-why-not-if-you-consider-porsches-diversific/.