Operational Management and policy

Related Diversification:

Related Diversification. Related Diversification is the most popular distinction between the different types of diversification and is made with regard to how close the field of diversification is to the field of the existing business activities. Related Diversification occurs when a company adds to or expands its existing line of production or markets. 

Company: Amazon

For this assignment, consider your own company or one that you know well. Assume your company opted to pursue a strategy of related diversification and respond to the following questions. 

• What   industries or product categories could it diversify into that would allow      it to achieve economies of scale?
• Identify   at least two or three such industries or product categories?
• Describe  the specific kinds of cost savings that might accrue from entry into each?
• Incorporate   our coursework (Thompson text and other material) from this week into your      above responses.

Submission Details: 

• Your   analysis should be between 1000 words.
• Incorporate   a minimum of at least our   course text and one non-course scholarly/peer reviewed source in your      paper.
• All      written assignments must include a coverage page, introductory and      concluding paragraphs, reference page, be double-spaced, and proper      in-text citations using APA guidelines.