ADAPT, AGGREGATE OR ARBITRAGe

Companies have number of options available that allows them to create value. Three important strategy options include aggregation, adaption or arbitrage. Aggregation allows companies to compete by taking advantage of economies of scale or scope and typically allow for pricing advantages. Competition by adapting or differentiating an offering to the specific needs of the buyer allows companies to segment markets and demand a competitive advantage often associated with premium pricing. A third option often use in global business takes advantage of the ability of a company to offer jobs, sales opportunities, products or services to sellers and buyers typically facing some barrier that precludes them from easy access to markets. These opportunities last only for as long as the market impediments persist.

Saylor Academy. Fundamentals of Global Strategy v. 1.0. Publisher: Year Published: 2012

Technology will continue to offer novel opportunities to companies to boost employment, productivity and growth.

TED Institute – The next manufacturing revolution is here by Olivier Scalabre

A TED element has been excluded from this version of the text. You can view it online here: https://oer.gsu.edu/globalbusiness/?p=133