Business

Strategic groups: Strategic groups are conceptually defined clusters of competitors that share similar strategies and therefore compete more directly with each other than other firms…

Determine the Competitive Value of a Company Resource A company’s value chain identifies the primary activities that create value for customers the related support activities.…

Strategic cost analysis involves comparing how a company’s unit costs increase against the unit costs of key competitors activity by activity. It is a comparison…

Industry life cycle An industry is a classification that refers to a group of companies that are related in terms of their primary business activities.…

Internal Environment Analysis Generally, the internal analysis is a part of SWOT analysis which includes strengths and weakness analysis of an organization. Internal analysis means…

Common Strategic Obstacles that Company Face Growing businesses face a range of challenges. Every business owner faces different challenges, wears many hats, and makes many…

Value Chain Activities A company’s value chain identifies the primary activities that create value for the customers and the related support activities. It is a…

The environment of an organization consists of it surrounding anything that affects its operation favorably or unfavorably. Organizations environment includes those factors (internal and external)…

SWOT Analysis SWOT is an acronym that stands for strengths, weaknesses, opportunities, and threats. The concept was first presented by Edmund P. Learned and his…

All companies face some threats in course of doing business. Management should identify those threats and take strategic actions accordingly. There are some signs by…