Chapter 6 Strengthening a company's competitive position: strategies moves, timing, & scope of operations.

Erm actually i don't know what to write now..This is because the clock shown 11.37 pm and I felt so sleepy. But before i continue my sleep i want to share something. Okay, this week i will learn about strengthening a company's competitive position: Strategies moves, timing, and scope of operations. First of all we need to know what the objectives in this topics ok :)...

	Learn whether and when to pursue offensive or defensive strategic moves to improve a company's market position.
	Recognize when being a first mover or a fast follower or a late mover is most advantageous.
	Become aware of the strategic benefits and risks of expanding a company's horizontal scope through mergers and acquisitions.
	Learn the advantages and disadvantages of extending the company's scope of operations via vertical integration.
	Become aware of the conditions that favor farming out certain value chain activities to outside parties.
	Understand when and how strategic alliances can substitute for horizontal mergers and acquisitions or vertical integration and how they can facilitate outsourcing.

After we know all of the objectives i want to make conclusion by this topic. This is because this topic is quite long. Companies can make a number of different strategic moves to build competitive advantage. The aim is to create a clear difference that is important to your customers, and is something your competitors cannot match. You can create competitive advantage by developing a strategy of leadership in factors such as cost, quality, innovation and customer experience. Erm from that i think all companies should have their own strength because it is more important to develop success when making something.

Look at this picture..Based on this picture we can know this is important in company have their merger and also acquisition. What is MERGER? As i know merger is a combination of two things, especially companies, into one. So when one team combine together we can get the best result and achieve the success. ACQUISITION??? Its means combination in which firms the acquire purchases and absorbs the operations of another firm, the acquired.

 During my tutorial class, we try to solve the case about the digital age shall I tag along? So what i get from this lesson is all about SWOT analysis.

  
This is what can I share with all of u..Thanks for reading..;)