Development of Business Strategies Essay -- Business Development Strat

The paper below responds to the following three prompts1.The six forces sample of strategy helps firms stand up externally coherent business strategies. Discuss applying the model to real cases.2.Explain strategic posture and how it helps firms make strategy in uncertain business environments.3. label the role of mergers and acquisitions in corporate strategy.1.The six forces model of strategy helps firms develop externally coherent business strategies. Discuss applying the model to real cases.The six forces model is an extension to Michael Porters Five Forces Model. The six forces analyze different areas in an industry. The forces in this model area.Competition- Analysis that if there are a lot of competitors. If so, are there any dominant players in the market.b.New entrants- To analyze if it is easy for new entrants to enter the market and compete?c.End users/buyers- Is the price easily bear upon by the buyers? Can the company work with a specific potential buyer? or to analyz e their strength of their position in their relationship with the buyersd.Suppliers- take apart the number of suppliers if it is a monopoly and if not, how many suppliers are there in the market.e.Substitutes- To study how easily a product can be substituted and how easily these substitutes are acquirable f.Complementary products- Effect of complementary products and services on the market.The six forces model is used to study the strategic position of a company in a concerned industry and in a given market place. It is also applied to calculate the market effectiveness of a company with regard to competition and profitability.Let us take FedEx as an example. FedEx is one of the largest global courier... ...gy.Adam Hartung(2014), Three Smart Lessons From Facebooks Purchase Of WhatsApp http//www.forbes.com/sites/adamhartung/2014/02/24/zuckerbergs-3-smart-leadership-lessons-from-facebook-buying-whatsapp/Ibrahim AKGBEK, Mergers and learnings as a Growth strategy http//psrcentre.o rg/images/extraimages/412031.pdfPALO ALTO, CA and HOUSTON, TX (2001), Hewlett-Packard and Compaq agree to merge, creating $87 billion global technology leader http//www8.hp.com/us/en/hp-news/press-release.html?id=230610.U00iUvmSy50Wikipedia, Tata Group http//en.wikipedia.org/wiki/Tata_GroupSebastian Spaeth, Nina Geilinger, Corporate Strategy Mergers & Acquisitions http//www.smi.ethz.ch/education/courses/corporatestrategy/Slides_2012/CS_06_MA.pdfKENT RHODES, Merger and Acquisition Strategies http//gbr.pepperdine.edu/2010/08/merger-and-acquisition-strategies/