You are a co-founder of a startup firm making electronic sensors. After a year of sales, your business is not growing rapidly, but you have some steady customers keeping the business afloat. A major supplier has informed you it can no longer supply your firm because it is moving to serve large customers only, and your volume does not qualify. Though you have no current orders to support an increased commitment to this supplier, you do have a new version of your sensor coming out that you hope will increase the purchase volume by over 75 percent and qualify you for continued supply. This supplier is important to your plans. What do you do?
Answer to relevant QuestionsTo what extent is GE ethically responsible for how—and why—the Vscan is used? Consider ways that GE might become involved in communities in India to show the company’s concern for the underlying problems by improving ...How can related diversification create a competitive advantage for the firm? Keeping the advantages of related diversification in mind, think back to the example in the chapter of Delta’s vertical integration decision to ...Horizontal integration has benefits to the firms involved. Consider the consolidation in the event promotion business when Live Nation bought Ticketmaster in 2010. List some specific advantages of the acquisition for Live ...1. Has your firm participated in any mergers or acquisitions in the past three years? What was the nature of these actions? Did they result in a consolidation of competitors?2. Research what strategic alliances your firm has ...The chapter describes the role of culture in the successful implementation of strategy. Consider an employment experience of your own or of someone you have observed closely (e.g., a family member). Describe to the best of ...
Post your question