Acquisition of ZF & TRW And 5 Forces Module on ZF&TRw
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Acquisition of ZF & TRW And 5 Forces Module on ZF&TRw Instructions:
Short intro on the reasons to the acquisition of ZF & TRW And 5 forces module on ZF&TRw
Content:
5 forces for ZF & TRW Name Course Instructor Date In 2014, ZF Friedrichshafen a German auto parts supplier acquired TRW Automotive also US auto supplier and manufacturer based in the U.S. The acquisition of TRW was necessary to improve the company’s competitiveness in the automotive industry, with TRW having expertise in safety and braking industry (Lee, 2015). Driver-assistance technology can improve the company’s differentiation to improve competitiveness since it would have better financial prospects and research capability to improve innovation. The ZF TRW Company conducts research and integrates technology to improve autonomous driving, while it is now the second largest automotive suppliers in the world (Bolduc, 2016). Acquisition is crucial to creating synergy by integrating new technologies to provide solutions to the customer, and meeting their needs (Bolduc, 2016). The production of more safety systems in the automotive Markets industry will be beneficial t
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