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Management theory of Michael Porter
Michael Porter’s theory can help you build a more competitive management strategy for your business. Here is what you need to know.
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 ...
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