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Strategic Management
During the lockdowns I remeber they both started delivering alcohol. If I remember correctly they both started this service together. Did they form some kind of contract between themselves regarding the same to curb competition or something? How can two different companies start a service at the same time? Or mere coincidence?
Answers (5)
CA Suraj Lakhotia Admin
Could be a coincidence. Or could be a thought-through arrangement.
Sir, topic 'Likely Strategic Moves of Rivals' in chapter 2 is most likely talking about this. It says "A company cant expect to outmaneuver its rivals without monitoring their actions, understanding their strategies and anticipating what moves they are likely to make next. competitive intelligence about strategies that rivals are deploying, their latest moves and the plans they have announced is essential to anticipate the actions they are likely to take next and what bearing their moves might have on a company's own strategic moves."
CA Suraj Lakhotia Admin
Yes. This is also possible.
Okay. Thank you. Faith on Institute's book restored :D
Thread Starter
Kumarjit DeySir, topic 'Likely Strategic Moves of Rivals' in chapter 2 is most likely talking about this. It says "A company cant expect to outmaneuver its rivals without monitoring their actions, understanding their strategies and anticipating what moves they are likely to make next. competitive intelligence about strategies that rivals are deploying, their latest moves and the plans they have announced is essential to anticipate the actions they are likely to take next and what bearing their moves might have on a company's own strategic moves."
On top of this, both of the firms are always monitoring other similar firms in the industry through Premise Control. So they will stay updated about the other's moves.