Reading Reflection Week 6

Reading Reflection

For each reading reflection post, I ask you to address the following areas:

1)      What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

I never really thought of introduction of new product and services as a threat, but a person who has an existing business or service I can see how to them the new entrants into the field could be seen as threats and how important it is to be ahead of the curve at all times and apply the principles learned in earlier chapters on how to always look for opportunities.

2)      Identify at least one part of the reading that was confusing to you. 

The section on rivalry and competitors in the same in industry was a section that I found confusing on the part about eliminating rivalry. I always thought that it was a given that there will be some form of competition regardless how good of a service or product you have. What you should always focus is improving your product or service and ensuring that your customers are satisfied and that will make you stand out amongst your competitors.

3)      If you were able to ask two questions to the author, what would you ask? Why? 

I really didn’t have any questions that I felt needed answering from the author, I thought it was very good article, it was very interesting.

4)      Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? 

I don’t think the author got anything wrong in this article and found it to be informative and straight forward.