Business Level Strategies

Discuss why some firms choose to compete and others choose to cooperate. How do firms signal their intention to cooperate in order to reduce competitive intensity? And which is more effective? When should a firm compete, and when should it cooperate? 1-2 pages; 1-2 references.

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Different organization and business either choose to corporate or compete depending on their guiding objective. Many firms remain competitive to ensure that the company remains competitive in the market. Other companies choose to compete with the intention of utilizing the resources, knowledge and information available within a firm to achieve company goal. Cooperation in the farm ensures that interaction. Unlike cooperative companies, competing companies strive for minimal interactions…..

APA

489 words