Strategic management concepts

Ngày tải lên: 26/10/2016, 18:31

... Define strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process ● Describe the competitive landscape and explain how globalization and ... PART I: STRATEGIC 8& ACTIONSPART II: STRATEGIC • Chapters STRATEGY FORMULATION PART III: STRATEGIC ACTIONS10, 11 , 12 STRATEGY IMPLEMENTATION 13 & ©2 013 Cengage Learnin...

Ngày tải lên: 09/12/2016, 15:05

... Technological [6] Global [7] Physical ●To successfully deal with uncertainty in the external environment and achieve strategic competitiveness, firms must be aware of and understand these segments ©2013 ... forces and explain how they determine an industry’s profit potential ● Define strategic groups and describe their influence on the firm ● Describe what firms need to know abou...

Ngày tải lên: 09/12/2016, 15:05

... WEAKNESSES, AND STRATEGIC DECISIONS • Firms must identify their strengths and weaknesses Appropriate resources and capabilities are needed to develop desired strategy and create value for customers and ... customer service, and “nontraditional” store locations illustrate Subway’s core competencies and the foundation for competitive advantage, underscoring key chapter concep...

Ngày tải lên: 09/12/2016, 15:05

... 2011, with its 40 th anniversary, a new logo, innovation such as VIA and customers paying for their purchases with their iPhones, environmental consciousness, employee health insurance, and a global ... use CORE COMPETENCIES AND STRATEGY Resources and superior capabilities that are sources Core Competencies of competitive advantage over a firm’s rivals An integrated and coordinate...

Ngày tải lên: 09/12/2016, 15:05

... RIVALRY STRATEGIC AND TACTICAL Strategic Action (or Response) ACTIONS • A market-based move that involves a significant commitment of organizational resources and is difficult to implement and reverse ... will respond to it as well as by the type (strategic or tactical) and effectiveness of that response Strategic actions receive strategic responses • Strategic actions elic...

Ngày tải lên: 09/12/2016, 15:05

... Antitrust laws in 1 960 s and 1970s discouraged mergers that created increased market power (vertical or horizontal integration) Antitrust Regulation • Mergers in the 1 960 s and 1970s thus tended ... Figure 6. 1 defines five categories of businesses according to increasing levels of diversification ● Diversified firms vary according to their level of diversification and the connection...

Ngày tải lên: 09/12/2016, 15:05

... the two workforces BOTH the accuracy of the financial position and accounting standards used AND the quality of the strategic fit and the ability of the acquiring firm to effectively integrate ... Shift core business into different markets Manage industry and regulatory changes Intent: Increase firm’s strategic competitiveness and value; historically returns are close to zero...

Ngày tải lên: 09/12/2016, 15:05