Business, Govt, and Society

Business, Govt, and Society

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Question:

What are firm strategy options in the drone industry and how are these strategies likely to affect the emergence of the drone industry? (In order to receive credit, limit your answer to 250 or fewer words and submit it via Blackboard.

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The Drone Industry is a young commercial industry that has seen mega investments over the last few years. It deals with several mechanical apparatus including cameras and other innovative brands. Over the years however, Drones has faced stiff competition from other industries dealing in similar products. It has therefore been necessary for Drones to strategize on the ways to improve its products to counter competition. Some of the firm’s strategies include associating closely with customers of their products….

APA

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