What is Technology Life Cycle? Phase, Licensing Options
Technology Life Cycle The Technology Life Cycle (TLC) describes the commercial gain of a product through the expense of the research and development phase, and the financial return during its…
Strategic Management explained with notes, articles, tutorials, videos, PDF for MBA, M.COM, B.COM, BBA, higher Business studies courses and training programs.
Fragmentation and Consolidation of Industries
Economic Causes of Fragmented Industries Industries are fragmented for various reasons, with vastly differing implications for competing in them. Some industries are fragmented for historical reasons — because of the…
What is PESTLE Analysis? Tool, PEST-G or PEST-E
What is PESTLE Analysis? PESTLE analysis, also known as PESTEL analysis, is a strategic tool used to assess and analyze the external macro-environmental factors that can impact an organization or…
Five Competitive Forces That Shape Strategy
In essence, the job of the strategist is to understand and cope with the competition. Often, however, managers define competition too narrowly, as if it occurred only among today’s direct…
What is Competitive Rivalry? Factors
What is Competitive Rivalry? Competitive rivalry, also known as competitive rivalry among existing competitors or simply industry rivalry, refers to the level of competition and intensity of competition among companies…
Competitive Dynamics
Whereas competitive rivalry concerns the ongoing actions and responses between a firm and its competitors for an advantageous market position, competitive dynamics concerns the ongoing actions and responses taking place…
Competitive Rivalry Analysis
Competitive Rivalry Analysis The intensity of rivalry among competitors in an industry refers to the extent to which firms within an industry put pressure on one another and limit each…
Competitor Analysis Framework
Competitor Analysis Framework Even the simplest competitive analysis displays two critical dimensions: the competitors and the criteria, or what we’ll call the competitive framework. The purpose of the competitive framework…
Strategic Management in Global Environment
What is Globalization? Globalization means increasing economic interdependence among countries due to increasing cross-border flows of goods and services, capital, people, and know-how. With faster communications, transportation, and financial flows,…
Prahalad and Gary Hammel
Prahalad and Gary Hammel The core competencies are the source of competitive advantage and enable the firm to introduce various new products and services. According to Prahalad and Hammel, core…
