Management

Compare between Radical Innovation and Incremental Innovation A radical innovation is one that has an important contact on a market and on the financial movement…

Industry analysis is a market assessment tool designed to provide a business with an idea of the complexity of a particular industry. Industry analysis involves…

Internal analysis: A review of an organization’s strengths and weaknesses that focuses on those factors within its domain. It is the procedure of identifying the…

Sources of Industry Rivalry among Established Companies Industry rivalry or rivalry among existing firms – is one of Porter’s five forces used to determine the…

When a company expands its business into areas that are at different points on the same production path, such as when a manufacturer owns its…

Some examples of Vertically Integrated Companies When a company expands its business into areas that are at different points on the same production path, such…

Vertical integration: When a company expands its business into areas that are at different points on the same production path, such as when a manufacturer…

Differentiation strategy Approach under which a firm aims to develop and market unique products for different customer segments. It is one of the generic marketing…

Differentiation strategy: Differentiation strategy Approach under which a firm aims to develop and market unique products for different customer segments. Usually employed where a firm…

The significance of Core Competency of a company Core competencies allow small businesses to deliver value to their customers. According to management consulting firm Bain…