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Business Strategic Management
How do the five forces of competition in an industry affect its profitability potential?
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- How can a company identify and respond to emerging trends and disruptions in its industry through strategic foresight?"Business Strategy is about managing uncertainty, opportunity, and enterprise. How does a firm evaluate its industry competitiveness in which it operates?Why is it important to evaluate a company's macro-environment? What is the purpose?
- What role does technology play in shaping the business environment, and how can companies leverage technological advancements to gain a competitive edge?Can the Competitors threaten both a firm’s market share and its profitability? How?When does business diversification become a consideration for companies?