The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets.
Part 1:
Subject: Competitive Strategy
Read a topic from Chapter 7 and Chapter 8 and write a summary on it.
Also, provide a graduate-level response to each of the following questions:
The Internet has lowered the entry barriers for smaller firms that wish to diversify into international markets. Why is this so? Provide an example.
Research the Small Business Administration’s website (www.sba.gov). What different types of financing are available to small firms? Besides financing, what other programs are available to support the growth and development of small businesses?
Part 1 needs to be 500 plus words and APA format (refer Chapter 7 and Chapter 8 from the Competitive Strategy textbook)
Part 2:
Subject: Competitive Strategy
Provide a graduate-level response to each of the following questions:
Many firms fail when they enter into strategic alliances with firms that link up with companies based in other countries. What are some reasons for this failure? Provide an example.
E-Loan and Lending Tree are two entrepreneurial firms that offer lending services over the Internet. Evaluate the features of these two companies and, for each company:
Evaluate their characteristics and assess the extent to which they are comparable in terms of market commonality and resource similarity.
Based on your analysis, what strategic and/or tactical actions might these companies take to improve their competitive position? Could E-Loan and Lending Tree improve their performance more through co-opetition rather than competition? Explain your rationale
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APA
1345 words