Strategic move factors to make stronger competitive position

Question

Illustrates factors of strategic moves to make stronger competitive positions of a firm?

Answer 1

Acquiring Rival Firms at Bargain Prices:

Occasionally a firm can gain the facilities and assets of struggling rivals quite inexpensively.

Expanding globally:

As its domestic market matures, a firm may look for to enter outside markets where attractive growth potential still exists and competitive pressures are not so powerful.

Building More Flexible or New Capabilities:

The stiffening pressures of fight in a maturing or already grown-up market can often be battled by powering the company’s competitive capabilities and resource base.