The initiative of corporate management are not limited only to choice of business portfolio or resource allocation. The list of tasks also includes a number of other strategic activities, such as internalisation of business, turnaround of under performing SBUs, determination of routes to be adopted for implementing growth directions, acquisition of new competencies, repositioning of the firm under changed environment, [...]
Read this essay to learn about the business level or competitive strategy where the emphasis is on developing and implementing strategies in specific business area to gain competitive advantage and build market share. Essay on Business Strategies The concept of industry structure helps a company develop a set of responses that includes: i. Building defences against competitive forces through the [...]
In this article we will discuss about:- 1. Resource Base of a Firm 2. Value Chain Analysis of a Firm 3. Efficiency and Effectiveness of Resource Utilisation 4. Comparative Analysis of Strategic Capabilities 5. Appropriateness of Organisation and Human Resource Management. Resource Base of a Firm: The resources of any company can be classified into the following broad categories: [...]