STRATEGIC MANAGEMENT Essay Example | Topics and Well Written Essays - 250 words

STRATEGIC MANAGEMENT - Essay subjectAll these made HP earn the position as one of the most competitive IT companies gage in early part of 2000s.Merger and acquisition can to a fault positively affect the fiscal performance of companies. One of the secrets behind the business success of orchard apple tree Inc. can be explained through strategical management such as mergers and acquisitions. For instance, Apple acquired not only Logic Pro but also Emagic in 2002 (Hesseldahl, 2007 Wherry, 2006). This particular business strategy subsequently improved Apples ability to nominate digital audio softw are which is now being used in its iLife software (Hesseldahl, 2007). In rarefied 2014, Apple decided to purchase Beats Electronics for USD3 billion (Stelle, 2014). Due to continuous transfer of knowledge and technologies, Apple has recently experienced a 9.5% increase in its 2013 sales growth (Market Watch, 2014).Financial restructuring ensures that there are higher sales and productivity and better use of the financial resources thus enabling it to take proceeds of the possible opportunities. Such financial opportunities include the advantage of sustaining competitive advantage, as well as adopting marketing strategies that can effectively sustain the business in a competitive environment. For example, in the case of Caterpillar, the associations 1st quarter profit increased right after implementing cost reduction strategies and increase sales of construction equipment (Forbes, 2014).However, in some instances restructuring is disadvantages to the firms because the process is costly and the shareholders suffer from the heavy burden of financial support the restructuring strategies. There is also loss of companies assets such as workforce especially in situations where downsizing occurs. Additionally, the procedures and processes of get together are at times lengthy and tiresome. Due to heavy market competition with Komatsu, Caterpillar was losing USD1 zillion each day back in 1980s (Selko,