Strategic move factors to make stronger competitive position
Illustrates factors of strategic moves to make stronger competitive positions of a firm?
Expert
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.
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