Strategic Management: Intensive, Integration, Diversification & Defensive Strategies
Strategic Management Approaches
Alternative Strategies
Intensive Strategies
- Market Penetration: Increase participation of current products or services in existing markets.
- Market Development: Introduce current products or services into new geographic areas.
- Product Development: Increase sales through improvement or modification of current products or services.
Integration Strategies
- Forward Integration: Control distributors, including establishing websites for direct sales.
- Backward Integration: Increase
International Marketing: Key Concepts and Strategies
International Marketing: Key Concepts
Defining Marketing (AMA)
Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.Defining International Marketing (AMA)
International marketing is the multinational process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual
Warehouse and Inventory Management: Types, Costs, and Strategies
Warehouse and Inventory Management
Storage Types
- Workshop: Suitable for subsistence and storing items most useful in the workshop.
- Official Service: In addition to consumption, this store is for foreign sale of spare parts.
- Parts: A company specifically dedicated to supplying spare parts for clients and workshops, without its own workshop.
- Manufacturer: Corresponds to products made by vehicle or component manufacturers.
- Recambista: Supplying spare parts to government departments or warehouses.
Level of
Read MoreKey Metrics and Strategies for Digital Marketing Success
1. Identifying Qualified Users for a Company
Indicators of user qualification:
- Behavior: User is looking at pricing plans.
- Nationality (language): User’s language preferences.
2. Understanding DAU, WAU, and MAU
- Daily Active User (DAU): The number of users who interact with your page in one day.
- Weekly Active User (WAU): The number of users who interact with your page in seven days.
- Monthly Active User (MAU): The number of users who interact with your page in thirty days.
3. Churned Users
A churned user is
Read MoreEconomic Crises and Globalization: Impact and Risks
The Great Recession and Its Aftermath
Crisis. Since the oil crisis in 1973, the world has experienced numerous crises. The most recent, which began in 2008 and is only now subsiding, is known as “The Great Recession.” This crisis was particularly severe.
The Recession originated in the United States following the collapse of Lehman Brothers. It was triggered by failures in economic regulation, crimes committed by banks, and overvalued financial products. The subsequent decline in subprime mortgages
Read MoreStrategic PM&D Management: Internal & External Factors
Requirements in PM&D Management
Internal Influence Factors
Top Management’s Support:
- Importance of HR within the organization.
- Proactive vs. Reactive.
- HR department vs. Personnel department.
Strategy: Implies the characteristics that the employees should have (skills, knowledge) in the organization. Could be found internally or should be acquired in the market.
Culture: Organization’s system of values. Highly influenced by Top Management. Business ethics, motivation, management style, freedom/responsibility,
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