The basic reason for entering into strategic alliance is to enhance their organizational capabilities and there by gain competitive advantage. ....
Strategic alliances are cooperation arrangements between two or more companies for achieving a common objective. ....
Large, diversified organizations commonly use a number of these strategies in combination.....
When an organization’s survival is threatened and it is not competing effectively, retrenchment strategies are often needed. ....
The organization that adopts a stability strategy focuses on its existing line or lines of business and attempts to maintain them through one of the f....
Organizations usually seek growth in sales, profits, market share, or some other measure as a primary objective. ....
Grand strategies, which are often called master or business strategies, are intended to provide basic direction for strategic actions. ....
According to Micheal E. Porter strategies allow organisations to gain competitive advantage from three different bases.....
After analyzing the environment and assessing the internal environment, the next step in the strategic planning process is to develop strategic altern....
Most companies today including most successful Indian companies like Bajaj Auto, Reliance and ITC have embraced strategic planning fully in their ques....
In the plan for future, many more pages will be dedicated to the competition. ....
We will now discuss the generic strategies given by Porter and the generally found marketing warfare strategies.....
This framework developed in the 1970’s by US based management consulting firm McKinsey and Company has received attention from strategists. ....
Every business has a competitive strategy. However, some strategies are implicit, having evolved over time, rather than having been explicit (evolved ....
Most industries today are facing an ever-increasing level of environmental uncertainty. ....
The exchange process between seller and buyer characterizes market. Seller has a product to offer at a price and buyer has a need that can be satisfie....
A detailed discussion on the concept of core competence is given in lesson 4 of Unit I in this material.....
The resources audit provides an understanding of an organization’s capabilities. ....