Intensification refers to growth by working with its current businesses more vigorously. Intensification, in turn, encompasses three alternative routes:
Intensification Strategy and 3 Alternative Routes of Expansion of Businss
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7 Main Characteristics of Expansion Strategy
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Expansion strategy refers to redefining the business by adding the scope of business substantially through major reformulation of objectives and goals, involving new investments, introduction of new products, new technology and new markets, innovative decisions and so on.
10 Important Characteristics of Stability Strategy
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1. Stability is basically a safety-oriented, status quo-oriented strategy.
Brief Notes on Michael Porter’s Three Generic Strategies
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Michael Porter’s three generic strategies that allow organisations to gain competitive advantage areas follow:
Essay on the Contribution of Malthus
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Malthus’ main contribution was to enunciate a homeostatic, cyclical view of population movement. The high level of human fecundity made it possible for fertility to outstrip food production bringing about starvation and enhanced mortality in its wake.
Essay on the World After Industrial Revolution
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An outstanding feature of the Industrial Revolution was the advance in power technology at the beginning of this period; the major sources of power available were animate energy and the power of wind and water, the only exception being the atmospheric steam engines that had been installed for pumping purposes, mainly in coal mines.
What are the Contemporary Challenges to Democracy?
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From the map of democratic nations of 2012, one can observe that at least one-fourth of globe is still not under democratic government in these parts of the world there is a foundational challenge of making the transition to democracy and instituting democratic government.
What is Michael Porter’s Focus Strategies?
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Focus strategy means concentrating on a particular group of customers, geographic markets or on particular product-line segments in order to serve a well-defined but narrow market better than competitors who serve a broader market.
What is Differentiation Strategies of Producing Products and Services?
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Differentiation is a strategy aimed at producing products and services considered unique and directed at consumers who want something unique or different and are relatively price-insensitive.
Brief Notes on Cost Leadership Strategies and Risks
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Cost leadership strategy emphasizes on being a cost leader by producing standardized products at a very low per-unit cost for consumers who are price-sensitive.
Is Strategy Partly Proactive and Partly Reactive for an Organization?
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Formulation of a strategy for an organization starts with making the intended plan in advance, based on assumptions about the future and how the organisations wish to respond i.e. proactive approach.
9 Factors that Determine the Prospects and Financial Attractiveness of an Industry
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A company would enter any industry if it has a vision that the industry would be prospective and financially attractive. The factors that determine prospects and financial attractiveness of an industry area follow:
What are the Main Key Success Factors of an Industry?
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Key Success Factors (KSFs) in an industry are those things that determine the ability of members of an industry to prosper in the industry such as low cost, best quality, good product features, resources available, competitive capabilities and so on. For example:
What is the Procedure for Constructing Strategic Group Map?
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The procedure for constructing a strategic group map and deciding which firms belong in which strategic group is straightforward:
8 Dominant Forces That Can Change the Structure and Profitability in An Industry
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The most dominant forces in an industry that have the biggest influence on what kinds of changes will take place in the industry’s structure, profitability, competitiveness etc. are called the driving forces or triggers of change.