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Business Strategic Management
How do the five forces of competition in an industry affect its profitability potential?
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- What is the competitive business strategy AMC Theatres applies?How are internal factors different from external factors in a firms competitive environment?What kinds of strategies might: (a) a small pizza place operating in a crowded college market, and (b) a detergent manufacturer seeking to unveil new products in an established market use to strengthen their business models?
- How can strategic management help organizations adapt to rapidly changing market conditions and disruptive technologies, and what are the key elements of a successful strategic management plan?What accounts for the shift from strategic planning to strategic management? In which industries or companies is this essential and whyWhat accounts for the shift from strategic planning to strategic management? In which industries is this essential? Why?
- Benefits of Competitive Environment and Changes in the Competitive Environment to a new entrepreneur?There are three different levels of strategy a company must employ to remain successful.explain?Enumerate how can a firm ensure that their strategic plan remains flexible and adaptable to changing circumstances, while still providing a clear and focused direction for the organization?