SWOT is the acronym for strength, weakness, opportunities and strengths whereas TWOS is the acronym for threats,weakness,opportunities and strengths both…
Strategic planning is the process of formulating, implementing and evaluating strategies to support the cross functional decision of the company.…
Competitive profile matrix is an essential strategic management tool to compare the firm with the major players of the industry.…
The EFE matrix is the strategic tool used to evaluate firm existing strategies, EFE matrix can be defined as the…
Porter five forces model, developed by Michael E.Porter of Harvard University in 1979, holds the purpose to analyze the industry…
IFE (Internal factor evaluation) matrix is one of the best strategic tool to perform internal audit of any firm. IFE is…
Mission statement in business language is the statement of purpose for the business. It can also defined as the reason…
Strategic management consist of three stages are formulation, implementation and evaluation of strategies. Each stage based upon set of activities…
Strategic Management Definition Strategic management is the art and science of formulating,implementing and evaluating cross function decision that enable to…