Our second seminar…Co–operation
Our second seminar...Yesterday!!!
Actually, I planned to blogging this since yesterday but due to I had to edit some parts and prepare for the presentation until 2am, so I didnt have enough time to blogging on what I planned to blog....
So, about the second seminar, "WHY SHOULD BUSINESS COMPETITORS CO-OPERATE TO ACHIEVE A WINNING SITUATION??" In my opinion, I think this topic is such a good one and very interesting. During the seminar, I got many more knowledge about this on why the competitors should be co-operated. From the presentation about this from three teams, every team shared almost similar ideas and reasons, which I can be summarized that, firstly, by co-operation could help both companies get mutual benefits, such as they could exchange their resources and reduce their cost. Secondly, they could be able to increase trust from customers which resulting in increasing sales. Thirdly, by co-operating, both sides could be able to share their knowledge in order to come up with better sales and profits, and lastly, by doing this, the companies could be able to have higher power to bargain the regulation (such as in term of pricing, etc.) with the goverment. I totally agree with all of these reasons. However, after the seminar presentation, Paul said that what every team presents was refered to the co-operation by emerging, which is opposite from what he told us to do!!! By the way, from the presentation, there are some points that is right to support the reason for the seminar's question. Paul also said that besides the advantages of co-operation, there are also disadvantage of doing co-operation which is that when the co-operated companies have more power both in customer markets and governemt regulation, they could use co-operation in the negative way by acting themselves like monopoly.
By the way,,,now, I still believe that co-operation and emerging have kind of the same purposes, and the reasons for co-operation could be shared for being the reasons for emerging of companies.