An exciting new approach to teamwork has resulted from advances in information technology, shifting employee expectations and the globalisation of business, namely the virtual team. The appeal of forming virtual….
Competitive Strategies and Government Policies
Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points.
Write 1,400 -1,750-word paper of no more than in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar:
New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity in your industry or one with which you are familiar-horizontal, vertical, or conglomerate-and explain why you made that choice.
Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities
Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry
Global/multinational corporations and their ability to still remain competitive on a local level.
Recommend how the industry you chose may respond to each of the previous points.
Format your paper consistent with APA guidelines.