- Business
Thompson and Strickland Strategic Management Model
Michael Porter had major drawbacks of his Porter’s Five Forces Model. To solve the situation, Thompson and Strickland introduce another new strategic management model. This new model is called the Thompson and Strickland Strategic Management…
Read More » - Business
Strategic Management Model with Examples
For stakeholders of HigherStudy.org; there is written another article base on the strategic management model with examples. If anyone can pinpoint with one of these setups, this article is for him/her Underneath are several of…
Read More » - Management
Porter’s Five Forces Model of Competition Analysis
Managers in a firm/company can use various models for analyzing the industry environment. However, the most widely used model for an industry’s competition analysis is Porter’s 5 Forces or Michael Porter’s Five Forces Model. Strategic…
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Types of Organizational Environment
At first, we can try to understand the organizational environment before the discussion about the types of organizational environment. Organizational environment is a dynamic and changeable thing. This change appears frequently. Every move stands the…
Read More » - Governance
Difference between Cabinet and Cabinet Divisions/Council of Ministers
The Prime Minister is the chief advisor of the President. He/She heads the Cabinet Division or Council of Ministers and also takes decisions, who will become cabinet members. The Council of Ministers or Cabinet Division…
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Competitive Advantage Strategies in Business
Competitive advantage is the exceptional edge that allows an organization or business company to deal with the marketplace and environmental forces better than its competitors. It derives from strategies that lead to some uniqueness in…
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Difference Between Management and Administration (Table & Points Out)
This article will discuss the difference between management and administration. First of all, the simply say that management is the skill of accomplishing the work done by others. It does not accurately the same as…
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Strategic Management – Developing Vision Statements
The managers, employees and other stakeholders of an organization might be interested to understand where the organization is going and what it aspires to be. In order to express an organization’s aspirations for the future,…
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