Strategic Management explained with notes, articles, tutorials, videos, PDF for MBA, M.COM, B.COM, BBA, higher Business studies courses and training programs.
What is Corporate 8Restructuring Strategy? Corporate restructuring is one of the most complex and fundamental phenomena that management confronts. Each company has two opposite strategies from which to choose: to…
What is Diversification Strategy? Diversification Strategy means when an organization is developing new products in new markets. Diversification creates an information asymmetry between outside investors and corporate managers. That is,…
Strategic management process is a method by which managers conceive of and implement a strategy that can lead to sustainable competitive advantage. It is the process of managing, planning, and analyzing in order to reach all organizational goals.
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…
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? 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…
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? 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…
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 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…