Gaining competitive advantage is key to increasing market share and ultimately profits, but what is competitive advantage and how does it apply to today’s globalized economy? Understanding the ...
What Is the Relationship Between Competitive Strategy, External Environment and Internal Strategies?
Competitive strategy refers to a company's short-term and long-term strategies to gain market share against its competitors. Small businesses must compete not only against their peers but also against ...
For decades, executives defined their industry, market, competitive set and differentiation. Then, several years ago, we tipped into an era defined by the customer, and their wants. Welcome to the ...
Competitive forces are elements from outside the company that threaten its standing in the marketplace. Analyzing competitive forces requires more digging than simply trying to determine what new ...
This paper argues that, for superior performance, it is necessary to attune the choice of the general manager to the strategy of the business unit (SBU) Data from 121 SBUs indicate that SBU ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Khadija Khartit is a strategy, investment, ...
Porter, Michael E. "The Five Competitive Forces That Shape Strategy." Special Issue on HBS Centennial. Harvard Business Review 86, no. 1 (January 2008): 78–93.
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