Business Strategy Essay Example | Topics and Well Written Essays - 500 words - 2

Business Strategy - Essay Example ey company comments on ours pricing policies, levels of production, methods of marketing, inventories, the measure taken to develop products, sales situations and goals, non public market surveys and other archives or confidential information (Hill, & Jones, 2009).   Sharpe should ensure economic knowledge about the Barkley. However, Sharpe seeks to maintain business ethics in our communication. Sharp seeks to maintain a steady relationship with the Barley in a way that they will not exchange their trade secrets, the lists of customers that Sharpe is targeting, and information about the resources available at Sharpe, technological developments or operations. Sharpe should also be careful to avoid hiring staff that worked with Barkley. Sharpe should also avoid dealing with suppliers that have supplied for Barkley to avoid leaking of confidential information; Sharpe will not hire or buy staffs from Barkley to extract information about the Barkley Company. Sharply plans to remove barriers to entry in the market or directly alleviating monopoly rents. The company can also venture in facilitating mergers and acquisition (Baye, 2010).   Sharpe also seeks to set up strategies that will enable the company enjoy the economies of scale, the economies of scope, and cost complementarities of price and output this way the company enjoys low costs and increases profitability. The company is planning to implements strategies that encourage innovation to ensure high profitability and low costs (Hill, & Jones, 2009).   Competition laws seek to grow with the mixed laws such as trademarks, copyrights, patents, industrial design rights and in some instances trade secrets. Companies that wish to increasingly raise prices needs to familiarize with the laws that govern such activities lest their contracts be terminated. Contrary a growing notion feels that promotion of novelty through adhering to the ‘intellectual property rights’ encourages competitiveness, whilst the