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Meaning and Definition of Strategic Management
Definition of Strategic Management Strategic management is defined as: "The art and science of f...
Generic Strategies
Generic strategies are fundamental approaches that companies can use to gain a competitive advant...
Integration Strategies
Integration strategies are approaches used by companies to expand control over different parts of...
QSPM
The Quantitative Strategic Planning Matrix (QSPM) is a tool that helps organizations objectively ...
Grand Strategy Matrix
The Grand Strategy Matrix is a strategic tool that helps organizations determine the most suitabl...
Internal External Matrix
The Internal-External (IE) Matrix is a strategic management tool that helps organizations assess ...
CPM
The Competitive Profile Matrix (CPM) is a strategic tool that compares a company to its main comp...
Sources of External Information
Strategic information is crucial for organizations to understand their external environment and t...
McKinsey 7S Model
Overview The McKinsey 7S Framework is a management model developed in the early 1980s by Tom Pete...
Internal Factor Evaluation Matrix
Overview The Internal Factor Evaluation (IFE) Matrix is a strategic tool used in the strategy for...
Value Chain Analysis
Overview Value Chain Analysis (VCA) is a strategic tool used to identify the activities within an...
Finance and Accounting
Overview The financial condition of a firm is the single best measure of its competitive position...
Auditing and 21st Century Challenges in Strategic Management
Auditing in strategic management involves evaluating the organization's strategy formulation, imp...
Theories of International Business
The theories of international trade are essential for understanding the mechanisms and principles...
EPRG Approaches to International Business
The EPRG framework, conceptualized by Wind, Douglas, and Perlmutter, offers a nuanced perspective...
Need & Importance of International Business
International Business (IB) plays a pivotal role in the global economic landscape, offering compa...
Export and Import Procedure
Export Procedure Market Research and Product Selection: Identify target markets and conduct ma...
Important Trade Terms in International Trade
Understanding the terms of export credit is essential for exporters to manage their financial obl...
Rules and Regulations
Foreign Direct Investment (FDI) in India is regulated by the Foreign Exchange Management Act (FEM...
FDI Trends
What is FDI? Foreign Direct Investment (FDI) is an investment made by an investor from one countr...