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https://qz.com/work/1567915/how-to-start-a-business-with-a-friend-tips-for-co-founders/ Ten years ago, I started a business with my best friend. Naturally, I was told by many people that co-founding a company with a close friend was a bad…
https://qr.ae/TUfLDv Um you mean like Tata and Reliance? It turns out that India is better at creating outsourcing enterprise IT companies than China is. There are things that India is…
I often say that if Warren Buffett were 30 years old, he’d only invest in software. Here’s why… 1. The Demand for Software is very strong and stable — Spend on software…
Source: https://qr.ae/TUhgHS As someone who has owned over 30 different businesses in speciality retail, fast food and hospitality, here are some of the biggest myths that I have discovered in…
Hosted on : http://wuyuansheng.brinkster.net/mooc Advanced Competitive Strategy/ Business Strategy/ Introduction to Marketing/ Introduction to Operations/
More acceptable reasons for diversification these days are the potential for operational and strategic benefits. (1) eliminating and preventing competition by subsidizing a price war, (2) reducing rivalry through mutual…
Broadly speaking, there are two types of competitive advantage a firm may pursue: low cost or uniqueness Firms may choose to target a broader or narrower segment of the market.…
major sets of activities, skills, and resources that drive value to customers. at the time of strategy formulation, when firms are assessing which strategic options are currently feasible—and may be…
Growth results from scaling new products and services up the S-curve and also occurs from the continuous creation of new S-curves. So in one sense, the purpose of strategy is…
(1) rivalry among current competitors, (2) threat of new entrants, 1. Entrant faces high sunk costs 2. Incumbents have a competitive advantage. 3. Entrant faces retaliation. (3) substitutes and complements,…