What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition?

Suitable conditions for competing with an incumbent company are when the new business has enough resources to surpass existing ones. Adequate resources ensure maximum product promotion, innovation, and acquisition of independent intellectual property. On the other hand, limited resources and insufficient creativity to add competing value can create challenges for a new company. Thus, it is safer to merge with the existing company to combine the resources and obtain more intellectual property and market availability.

Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in business & economics. Let us know how much you liked it and give it a rating.

Cite this page

Select a citation style:

References

Academic.Tips. (2022) 'What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition'. 17 November.

Reference

Academic.Tips. (2022, November 17). What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition? https://academic.tips/question/what-do-you-think-are-favorable-conditions-for-cooperation-what-do-you-think-are-favorable-conditions-for-competition/

References

Academic.Tips. 2022. "What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition?" November 17, 2022. https://academic.tips/question/what-do-you-think-are-favorable-conditions-for-cooperation-what-do-you-think-are-favorable-conditions-for-competition/.

1. Academic.Tips. "What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition?" November 17, 2022. https://academic.tips/question/what-do-you-think-are-favorable-conditions-for-cooperation-what-do-you-think-are-favorable-conditions-for-competition/.


Bibliography


Academic.Tips. "What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition?" November 17, 2022. https://academic.tips/question/what-do-you-think-are-favorable-conditions-for-cooperation-what-do-you-think-are-favorable-conditions-for-competition/.

Work Cited

"What do you think are favorable conditions for cooperation? What do you think are favorable conditions for competition?" Academic.Tips, 17 Nov. 2022, academic.tips/question/what-do-you-think-are-favorable-conditions-for-cooperation-what-do-you-think-are-favorable-conditions-for-competition/.

Copy