Explore BrainMass

Strategic Management Plan

Strategic Management Plan: Using one (or a combination) of the 15 grand strategies (concentrated growth, market development, product development, innovation, horizontal integrated, vertical integration, concentric diversification, conglomerate diversification, turnaround, divestiture, liquidation, bankruptcy, joint ventures, strategic alliances and consortia)... write long-term objectives for an outreach medical laboratory that exhibit the seven qualities of long-term objectives to include: Acceptable, Flexible, Measurable, Motivating, Suitable, Understandable, and Achievable.

Furthermore, describe the grand business strategy or strategies that you will select to seek sustained competitive advantage and why you selected these strategies.


Thanks for your help. These are tough for me.

Solution Preview

According to Clinical Laboratory Outreach, this organization has a number of strategies that help it to stay fresh on the market. They use innovation as well as concentric and conglomerate diversification. For the long term, many objectives are worth noting that are acceptable, flexible, measurable, motivating, suitable, understandable and achievable for everyone. The first area is that they stay up to date with technology by means of using electronic and hard ...

Solution Summary

This solution provided one or more grand strategies and long term objectives with Clinical Labratory Outreach.