by kasi | Oct 16, 2010 | Strategic Management
Space matrix is an important strategic management tool used for the purpose of determining the type of a strategy a company should undertake. The top management of an organization could easily identify the most appropriate strategy for a given enterprise. For example... by kasi | Oct 15, 2010 | Strategic Management
Strategic Group Mapping is analytical tool used for showing the different market or competitive positions that rival firm occupy in the industry. It is very important to analyze the industry’s competitive structure and indentify the strategic groups (strategic... by kasi | Oct 15, 2010 | Strategic Management
Strategic group mapping is used for the purpose of displaying the competitive positions that rival firms occupy in the industry. In every industry there are some companies which enjoy stronger market position than other. Therefore it becomes important to analyze the... by kasi | Oct 14, 2010 | Strategic Management
Internal factor evaluation matrix can be used to examine the strengths and weaknesses of a business. Some of the important strengths which can be included in the matrix are: powerful strategy, strong financial condition, economies of scale, strong advertising and... by kasi | Oct 14, 2010 | Strategic Management
External Factor Evaluation (EFE) Matrix is a strategic management tool which is used to know whether the firm is able to effectively take advantage of existing opportunities along with minimizing the external threats. The analysis helps in formulating new strategies... by kasi | Oct 13, 2010 | Strategic Management
Internal factor evaluation (IFE) matrix is a strategy formulation tool which is used to examine the strengths and weaknesses in the functional area of a business. In IFE Matrix it is more important to thoroughly understand the factors included rather than the actual...