Firm that Works in an Ecosystem Essay Example | Topics and Well Written Essays - 1500 words - 26

Firm that Works in an Ecosystem - Essay Example The document or text goes ahead to give an example of a firm that works in an ecosystem that is Intel cooperation. Intel works in a network with its suppliers or upstream (like ASML and Nikon) and distributors in order to be successful. However, unlike in the second document that does not state the consequence of participating in a certain activity, the first text explains that some firms work independently and do not share information with the ecosystem; as a result, they suffer from problems such as delays. This text focus on why inter-firm coordination and interaction of investment decisions is important. Further, it critically examines the kinds of inter-firm coordination accounting and information systems are designed to enable this coordination such as roadmaps. In addition, the first text centers entirely on the operation of the business. For instance, it asserts that It is important to identify rival firms and determine their weaknesses, strengths, opportunities, capabilities , objectives, threats, and strategies. Competitive intelligence is, therefore, the main determinant for the success of a business organization in a commercial environment. Weaknesses of competitors are an indication of external opportunities while the strengths of the competitors are the threats of a business organization. It is also important for a business organization to collect competitive information, as this would be advantageous in setting up strategies. On the other hand, the second text aims at educating the public why reviews are conducted and the government department responsible for carrying out this function.  In the end, they manage to deliver their message to the audience by convincing them to accept the information presented.