Assignment 1: Discussion—Factors and Trends that Influence Strategy Development
In this module, you will explore how businesses react to changing economic times and the influence this has on product and service positioning in the market place. You will also learn about the different approaches an organization may take such as a retrenchment approach, an investment approach, or an ambidextrous approach to provide a foundation for opportunity and risk in recessionary times.
Consumer spending habits have undergone dramatic and enduring change with the slowed economy in the United States.
Using the module readings, Argosy University online library resources, and the Internet, respond to the following:
Write your initial response in approximately 300 words. Apply APA standards to citation of sources.
By Saturday, April 1, 2017, post your response to the appropriate Discussion Area. Through Wednesday, April 5, 2017, review and comment on at least two peers’ responses.
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