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Related Definitions
Competitive marketing strategies Competitive marketing strategies- strategies that strongly position the company against competitors and give the company the strongest possible strategic advantage.
Strategies Strategies refers the plans for how an organization will do what it’s in business to do, how it will compete successfully, and how it will attract
External growth strategies External growth strategies are referred as growth strategies that rely on establishing relationships with third parties, such as mergers, acquisitions, strategic alliances...
Strategies in Declining Industries Entrepreneurial firms employ three different strategies in declining industries. The first is to adopt a leadership strategy in which the firm tries to become the dominant player...
Downsizing Strategies Downsizing Strategies are the strategies to improve and organization’s efficiency by reducing the workforce, redesigning...
Mature industry strategies Strategies used by firms competing in markets where the growth rate of that market from year to year has reached or is close to zero.
Growth industry strategies Business strategies that may be more advantageous for firms participating in rapidly growing industries and markets .
Speed-based Strategies Business strategies built around functional capabilities and activities that allow the company to meet customer needs directly or indirectly more rapidly than its main competitors.
Low-cost strategies Business strategies that seek to establish long-term competitive advantages by emphasizing and perfecting value chain activities that can be achieved at costs substantially below what competitors are able to match on a sustained basis.
Grand Strategies Grand strategies, often called master or business strategies , provide basic direction for strategic actions.