UNIVERSITY OF CEBU LAPU-LAPU AND MANDAUE

A.C. Cortes Avenue, Looc, Mandaue City

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COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT

Course Code : HM BMEC 2

Course Title : Strategic Management and Total Quality Management
Activity : Midterm-Assignment/Performance Task 1 / Quiz 1
Identification, Analysis, Discussions and Reflections

Name : _________Pearl Dianne A. Pinote___________________________

Year/Section : _BSHM-3C Date and Time: ____________ Possible Score:

Instruction :
From the lessons discussed in the class and posted in your LMS on strategies in action and
types of strategies, please give 5 means of achieving strategies, give your implications and effects to
organization. Write your answer using the template below.
Means of Achieving Describe your Implications Effects to Organizations Impacts to TQM System
Strategies

Strategies that stress Firms often give away too

cooperation among much information to rival
Cooperation
competitors are being used firms when operating
among
Competitors more. For collaboration undercooperative
between competitors to agreements.
succeed, both firms must
contribute something
distinctive, such as
technology, distribution,
basic research, or
manufacturing capacity.

Joint Venture a popular strategy that

occurs when two or more
and Partnering
companies form a
temporary partnership or
consortium for the purpose
of capitalizing on some
opportunity.

Merger and Acquisition

Merger/
are two commonly
Acquisition used ways to pursue
strategies. A Merger
occurs when two
organizations of about
equal size unite to
form one enterprise.
An acquisition occurs
 when a large
organization
purchases (acquires) a
smaller firm, or vice
versa.
First mover Refers to the benefits a firm
advantages may achieve by entering a
new market or developing a
new product or services
prior to rival firms.

Outsourcing a strategic decision by a

company to
reduce costs and
increase efficiency by
hiring another individual
or company to perform
tasks, provide services,
or handle operations that
were previously done by
employees within the
company.