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Cisco or Crisco?
Cisco, one of the largest companies in the world in terms of market cap, grew with the height of the dot-com boom in the 1990s. After the IT bubble had burst in 2001, Cisco’s value decreased tremendously. However, it still maintained one of American’ leading firm in the market. Therefore, there are strengths that should be studied and weaknesses that could become a great lesson
Acquisition is the most critical core competency of Cisco. It brought the company from a small IT hardware to the largest-market-share firm in this industry within one decade. With this strategy, it let Cisco acquire technology which responds to customer’s need instantly without heavily investing in R&D. Cisco therefore saves a great amount of money. Besides, a speedy answer to the market is able to gain reputation and trustworthiness from customers. For instance, Cisco were so confident to buy two companies that own the same technology but the latter one can respond to customer......
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Title: Cisco
Approximate Word Count: 585
Approximate Pages: 3 (250 words per double-spaced page)
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