Two of your closest competitors have sought and have receive
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Two of your closest competitors have sought and have received approval to merge, creating a new competitor larger than yourself. What does the approval of the merger say to the degree of competitiveness in your industry? What is the most important adjustment you will make?
Your company has experienced its first quarterly sales increase in 8 quarters. The increase is due primarily to success in Latin america. How does this news affect your strategy for the coming year? What types of changes would you recommend?
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Solution Summary
Two of your closest competitors have sought and have received approval to merge, creating a new competitor larger than yourself. What does the approval of the merger say to the degree of competitiveness in your industry? What is the most important adjustment you will make?
Your company has experienced its first quarterly sales increase in 8 quarters. The increase is due primarily to success in Latin america. How does this news affect your strategy for the coming year? What types of changes would you recommend?
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Two of your closest competitors have sought and have received approval to merge, creating a new competitor larger than yourself. What does the approval of the merger say to the degree of competitiveness in your industry? What is the most important adjustment you will make?
Your company has experienced its first quarterly sales increase in 8 quarters. The increase is due primarily to success in Latin america. How does this news affect your strategy for the coming year? What types of changes would you recommend?
Answer:
The approval of the merger redefines the entire tone of competitiveness for the entire industry. The competitors have taken their companies, merged, and in turn have created a giant - literally - that will have several advantages. The newly merged company is bigger than yours, and has a strategic advantage for planning, including planning on how to continue increasing their advantages in the current marketplace. The merged company knows that they are bigger and stronger than you, their competition. The merged company just spent a great deal of money to merge, including the resources, both monetary and non-monetary, that went into a successful merger. The merged company is going to do everything in their power, and use all possible resources they have at their disposal, to make sure they stay on top, in order to recoup the monies drained from the merger process.
The most important adjustment that you can make, as the smaller business owner, ...
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