Growth industry strategies
Business strategies that may be more advantageous for firms participating in rapidly growing industries and markets . At this stage, growth industries that emphasize brand recognition, product differentiation, and the financial resources to support both heavy marketing expenses and the effect of price competition on cash flow can be key strengths.
Category: Management & Organization Studies
Previous: ← Emerging Industry
More from this Section
- Structured problem
Structured problem is a straightforward, familiar, and easily defined problem. ... - Intuitive decision making
Intuitive decision making refers making decisions on the basis of experience, feelings, ... - Adjourning stage
Adjourning stage is the final stage of group development for temporary groups, during ... - Team structure
An organizational structure in which the entire organization is made up of work groups ... - Corporate Strategy
Corporate Strategy is a strictly delineated, lengthy goal that firms establish in order ...