Tag: strategy

Exit Planning

See Also: Economic Value Added Employee Stock Ownership Plan Future Value Balance Sheet Income Statement A Guide to Preparing an Exit Plan Are you like many business owners? A majority of closely held and family owned businesses will change hands within the next five years. But many Business Owners may not have taken active steps

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Threat of New Entrants (one of Porter’s Five Forces)

See also: Porter’s Five Forces of Competition Supplier Power Buyer Bargaining Power Threat of Substitutes Intensity of Rivalry Complementors (Sixth Force) In Porters five forces, threat of new entrants refers to the threat new competitors pose to existing competitors in an industry. Therefore, a profitable industry will attract more competitors looking to achieve profits. If

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Technology Strategy

See Also: Technology Assessment Criteria How to Evaluate IT Systems Backup and Recovery Solutions How do You Know When it is Time to Buy New Software How to Respond to an Imminent Disaster Threat Technology Strategy for Small to Medium Sized Companies There are several components to developing a technology strategy for small to medium

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Strategic Planning Process

See Also: Product Pricing Strategies Marketing Mix (4 P’s of Marketing) Business Plan How to write an Action Plan Value Chain Strategic Planning Process Definition The strategic planning process involves finding long-term goals, and running through the different steps of the process to achieve those goals. Strategy planning involves finding where the company excels as

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Porter’s Five Forces of Competition

See also: SWOT Analysis Threat of New Entrants Supplier Power Buyer Bargaining Power Threat of Substitutes Intensity of Rivalry Complementors (Sixth Force) Marketing Mix (4 P’s of Marketing) Porter’s Five Forces of Competition Definition Porter’s 5 forces framework is used for strategic industry analysis. It was developed in 1979 by Michael Porter, Harvard Business School

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Marketing Plan

See Also: Marketing Mix (4 P’s of Marketing) Marketing Your Company using WikiCFO Compensation Plan Strategic Planning Process Action Plan Marketing Plan Definition The marketing plan definition is the plan to cultivate and harvest demand for the products of a business, and it is part of the business plan. A marketing plan outlines answers to

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Market Positioning

See Also: Company Life Cycle Pricing Strategies Marking to Market Benchmarking Capitalization Market Positioning Definition What is market position? In marketing and business strategy, market position refers to the consumer’s perception of a brand or product in relation to competing brands or products. Market positioning refers to the process of establishing the image or identity

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How To Train People For Success

See Also: How to Run an Effective Meeting How to Hire New Employees Benefits of Advisory Boards How to form an Advisory Board Future of the Accounting Workforce How to Train People for Success How To Train People For Success: Training is about management preparing employees for success in their jobs and in their careers. Employee

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Intensity of Rivalry (one of Porter’s Five Forces)

See also: Porter’s Five Forces of Competition Threat of New Entrants Supplier Power Buyer Bargaining Power Threat of Substitutes Complementors (Sixth Force) Porter’s Intensity of Rivalry Definition The intensity of rivalry among competitors in an industry refers to the extent to which firms within an industry put pressure on one another and limit each other’s

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Business Intelligence and Finance

See Also: Capitalization Double Entry Bookkeeping Benchmarking Market Positioning Current Business Intelligence and Finance Approach Business Intelligence (BI) technology has evolved so much in recent history to bring the world more than just operational reports. Unfortunately, with all the capabilities that we have with Business Intelligence, firms are still following conventional wisdom in their implementation

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Efficient Market Theory

See Also: Economic Indicators Economic Value Added Supply and Demand Elasticity Business Cycle Porters Five Forces of Competition Efficient Market Theory Efficient market theory hypothesis proposes that financial markets incorporate and reflect all known relevant information. The validity of efficient market hypothesis is debated; however, whether or not efficient market hypothesis is valid, it is useful

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Core Satellite Portfolio

See Also: Financial Instruments Investment Risk Common Stock Definition Prepare an Investor Package Fixed Income Securities Treasury Stock Venture Capitalists Definition Core Satellite Portfolio Definition Core Satellite asset allocation is an investment strategy that consists of two parts the “core” and the “satellite.” The first part is known as the core portfolio. It invests in

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