▪Competes in growing industry
▪Increased economies of scale – major competitive
advantages
▪Faltering due to lack of managerial expertise or
need for particular resource
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•Strategies in Action
Strategies for taking the hill won’t necessarily hold it. – Amar Bhide
The early bird may get the worm, but the second mouse gets the cheese. – Unknown
▪Firm’s competitors
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•Horizontal Integration Strategies •Guidelines --
▪Gain monopolistic characteristics w/o federal
government challenge
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Not Managing by Objectives
n Managing by extrapolation n Managing by crisis n Managing by subjectives n Managing by hope
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of short-term profitability
▪Tradeoffs related to risk of actions; concern for