Business strategy: The concept and trends in its management - Strategic market management: characteristics and trends
6 important questions on Business strategy: The concept and trends in its management - Strategic market management: characteristics and trends
Name three common sources of SCA
Legal advantages-tax advantages
Product advantages-exclusive products
What is the result of synergy?
-Lower operating cost
-Reduced investments
What are the three different approaches to the development of succesfull strategies and sca?
2.Strategic opportunism
3.Strategic adaptibility
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What is strategic commitment?
-Tunnel vision
-Buy-in throughout the organisation
-Eye on the ball commitment
What is strategic opportunism?
-Short term oriented
-Entrepreneural risk taking
What is strategic adaptibility?
-Needs to be relevant
-Risk of misreading trends
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