Strategic crop of Dow chemic Sandy Beltran, Chris Chrisman, Nathan Hoskins, Jennifer Laplante FIN370 September 26, 2011 Steve kraft paper Strategic Growth of Dow chemic Dow chemical needs to burn down territorially and financially to strain their profitability as a corporation. The goal of any familiarity in production line is to make a profit. Team C mustiness describe a strategic planning beginning(a) and identify an curtain raising discussed in Dow Chemicals yearbook Report. The team must besides explain how that foremost affects Dow Chemicals financial planning. The team will destine how Dows initiative affects costs and sales. Team C must also describe the risks associated with the initiative and financial effects they may have. A strategic planning process delivers a solidifying of delimit initiatives (projects) that achieve a desired set of air goals (McDonald, 2007). A strategic initiative must be plotted proscribed and backed up with data to beco me an initiative expenditure projection. Dow Chemical increases its sales and eliminates risk by undertaking paid initiatives. Dow Chemicals broad strategic intent is to grow in evolving geographies, primarily Southeast Asia.
Dow Chemical wants to work up rude(a) manufacturing facilities in China and Vietnam to expand payoff of advanced materials to sports stadium over strong attention channels. The next phase of Dow Chemicals strategic plan is to acquire the company Rohm and Haas. Dow Chemical move the erudition of Rohm and Haas to make the company more of a jumper lead specialty chemicals and advanced materials company, combining the 2 organizations best in class technolog ies, broad geographic click and strong indu! stry channels to create a business portfolio with significant offset opportunities (Dow Chemical Company, 2011). The purpose in the acquisition of Rohm and Haas is to increase production for the growing demand of circuit boards, electronic and industrial finishing, polymers, and photovoltaic industries. The acquisition of Rohm and...If you want to get a full essay, tramp it on our website: OrderEssay.net
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