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Benchmarking

Benchmarking is a strategy tool to compare diverse factors with those of other companies inside and outside the industry

Mithun SridharanMithun Sridharan
1 min read
TechniquesStrategic ManagementOptimization

Cost Advantage

Cost Advantage allows a competitive edge by manipulating production costs. For a cost leadership strategy to work, you require a significant cost differential that competitors recognize

Mithun SridharanMithun Sridharan
2 min read
Competitive AdvantageStrategic ManagementCompetition

Differentiation

Differentiation calls for developing unique products or services that customers value and perceive better than from competition

Mithun SridharanMithun Sridharan
1 min read
Strategic ManagementBusiness StrategyCompetitionInnovation

External Factor Evaluation (EFE)

External Factor Evaluation Matrix is a strategy tool used to evaluate firm's external environment and to reveal its strengths as well as weaknesses

Mithun SridharanMithun Sridharan
2 min read

Competitive Profile Matrix (CPM)

The Competitive Profile Matrix (CPM) is a tool that compares the firm and its rivals and reveals their relative strengths and weaknesses

Mithun SridharanMithun Sridharan
2 min read
MethodologiesConcepts

Value Chain Analysis

Value chain analysis is a way to visually analyze a company's business activities to see how the company can create a competitive advantage for itself

Mithun SridharanMithun Sridharan
2 min read
ConceptsFrameworks

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