1 / 7

Samyak Veera - Business Strategy

A business strategy incorporates business and personal goals into a competitive advantages that will successfully carry the business into the future. If you want to increase the growth of your business then make a effective business strategy. For more information contact Samyak Veera on Social Sites.<br> <br>

samyakveera
Download Presentation

Samyak Veera - Business Strategy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Samyak Veera Business Strategy

  2. Business Analysis Samyak Veera

  3. Strategic Analysis Samyak Veera

  4. Strategic Analysis • Most businesses will constantly evaluate their position • Strategic analysis includes different methods of assessing the current position of the business in the market place • Two basic methods: • Internal • External Samyak Veera

  5. Strategic Planning • Competitive Advantage –seeking to identify sources of competitive advantage • Adding Value – looking at ways to add value • Mass or niche markets? – which is the best route? • Cost based strategies – focus on reducing costs to compete and grow • Market based strategies – focus on satisfying consumer needs as the means to growth Samyak Veera

  6. Focus • Focus is based on the choice of a narrow competitive scope within an industry • Firm selects a segment or group of segments (niche) and tailors its strategy to serve them • Firm achieves competitive advantages by dedicating itself to these segments exclusively • Two variants • Cost focus • Differentiation focus Samyak Veera

  7. Samyak Veerahttps://www.linkedin.com/pub/samyak-veera/b/418/809 Samyak Veera

More Related