small business strategy | strategic fit for better business );

Simon Lee | Co-founder at GBC | May 27, 2019

 

Businesses with strategic fit in research and development (R&D) or technology activities perform better together than apart because of potential cost savings in R&D, potentially shorter times in getting new products to market, and more innovative products or processes. Moreover, technological advances in one business can lead to increased sales for both.

Technological innovations have been the driver behind the effort of cable TV companies to diversify into high-speed Internet access (via the use of cable modems) and, further, to explore providing local and long distance telephone service to residential and commercial customers either through a single wire or by means of voice over internet protocol technology.

Thanks and much ❤️ from all of us at GBC!

 

Can Related Businesses Provide Opportunities To Benefit From Competitively Valuable Strategic Fit? 1

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