IN MY POINT OF VIEW STRATGEY MEANS A MODE PLAN DESIGNED TO ACHEIVE A GOAL IS KNOW AS STRATGIE IT IS NOT A LONG TERM GOAL OR SHORT TERM GOAL.
EXAMPLE:
HAVING A STRATGIE TO PAY THE UNIVERSITY INSTALLMENTS FEE IS NO THING BUT A STRATGIE .
but according to the michael porter 1979,he has developed five force anylasis it should be used at the industry level
- Porter's Five Forces Analysis
- strategic groups (also called strategic sets)
- the value chain
- the generic strategies of cost leadership, product differentiation, and focus
- the market positioning strategies of variety based, needs based, and access based market positions
- global strategy
- Porter's clusters of competence for regional econom
- ^ Sharp, Byron; Dawes, John (1996), "Is Differentiation Optional? A Critique of Porter's Generic Strategy Typology," in Management, Marketing and the Competitive Process, Peter Earl, Ed. London: Edward Elgar.
- ^ Speed, Richard J. (1989), "Oh Mr Porter! A Re-Appraisal of Competitive Strategy," Marketing Intelligence and Planning, 7 (5/6), 8-11.
- ^ Yetton, Philip, Jane Craig, Jeremy Davis, and Fred Hilmer (1992), "Are Diamonds a Country's Best Friend? A Critique of Porter's Theory of National Competition as Applied to Canada, New Zealand and Australia," Australian Journal of Management, 17 (No. 1, June), 89-120.
- ^ Allio, Robert J. (1990), "Flaws in Porter's Competitive Diamond?," Planning Review, 18 (No. 5, September/October), 28-32.
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