Tag: Strategy
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Resource-Based View Explained
Key takeaway: The Resource‑Based View argues that a firm’s competitive advantage comes from valuable, rare, inimitable, and well‑organised…
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What are Porter’s Generic Strategies?
Key takeaway: Porter’s Generic Strategies outline three ways firms can achieve competitive advantage: cost leadership (being the lowest‑cost…
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What are Foreign Market Entry Modes?
Key takeaway: Foreign market entry modes are the strategic choices firms use to expand internationally, ranging from low‑commitment…
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What is Porter’s Diamond of National Advantage?
Key takeaway: Porter’s Diamond explains why certain countries excel in specific industries. It highlights four drivers of national…
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What are Core Competencies?
Key takeaway: Core competencies are the unique collective skills, technologies, and capabilities that give a firm sustainable competitive…
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What is the GE / McKinsey Matrix?
Key takeaway: The GE / McKinsey Matrix helps firms prioritise business units by evaluating industry attractiveness and competitive…
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What is the BCG Growth-Share Matrix?
Key takeaway: The BCG Matrix helps firms allocate resources by categorising products into four groups; Stars, Cash Cows,…
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The Ansoff Matrix Explained
Key takeaway: The Ansoff Matrix is a strategic planning tool that helps firms choose growth options by combining…
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What is Value Chain Analysis?
Key takeaway: Value Chain Analysis examines how a firm creates value through its primary and support activities, from…
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What are Porter’s Five Forces?
Key takeaway: Porter’s Five Forces helps analyse industry competitiveness by examining five pressures: competitive rivalry, threat of new…