Harvard economics professor Michael Porter developed the five forces model to help business executives understand and deal with competition. Porter argues that factors affecting competition are ...
What Is the Relationship Between Competitive Strategy, External Environment and Internal Strategies?
Competitive strategy refers to a company's short-term and long-term strategies to gain market share against its competitors. Small businesses must compete not only against their peers but also against ...
Learn about Porter's 5 Forces and SWOT analysis, tools companies use to analyze the competition, make strategic decisions, ...
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