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CHAPTER-3- Strategic Analysis : Internal Environment
Tera Course Mera Guidance
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info@[Link]
Stakeholders Strategic Drivers
CA CS Amit Tated
Understanding Key Stakeholders Industry & Markets
Core Competency, SWOT, Michel, Porter’s, Generic
Strategic Group Mapping
Competitive Advantage Strategies
1. Identify Competitive Characteristics
2. Plot the firms on 2 Variable Maps
3. Assign Firms
4. Draw Circle
Core Competency
Customer Areas (C.K. Prahalad)
1. Competitor Differentiation
2. Customer Value
Pricing Value Creation 3. Application to Other markets
Competitive Advantage
Customer Consumer
Criteria
1. Valuable Sustainability
2. Costly to imitate 1. Durability
3. Non - Substitutable 2. transferability
4. Rare 3. Imitability
4. Appropriability
Products / Service Channels SWOT My Notes:
1. Social Marketing 1. Sales Channel
2. Augmented Marketing 2. Product Channel
3. Direct Marketing 3. Service channel
4. Relationship Marketing
5. Service Marketing
6. Person Marketing
7. Organisation Marketing
8. Place Marketing
9. Enlightened Marketing
10. Differential Marketing
11. Synchro Marketing
12. Concentrated Marketing
13. De-marketing
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Tera Course Mera Guidance
Michel Porter’s, Generic [Link]
Strategies info@[Link]
CA CS Amit Tated
Cost Leader Differentiation Focus Best Cost Provider
Achieving Basis Basis Low Price
1. Forecast Demand 1. Product 1. Focused Cost Leader Same Quality
2. Optimum Utilization 2. Pricing 2. Focused Differentiation Same Price
3. Economies of Scale 3. Organisation High Quality
4. Standardization
5. Invest in Cost Saving Achieving
6. Resist to Differentiation Achieving 1. Specific Niche
1. Taste & Preference 2. Superior Skill My Notes:
2. Improve Performance 3. High Efficiency
Advantages 3. High Quality 4. Innovative Ways
1. Rivalry 4. Rapid Innovation
2. Buyers 5. Brand Image
3. Sellers 6. Unique Features Advantages
4. Entrants 1. Premium Price
5. Substitutes 2. Rival Difficult to
Advantages Compete
1. Rivalry
Disadvantages
2. Buyers
1. Imitate 3. Sellers Disadvantages
2. High Sales 4. Entrants 1. Lacking Competency
3. Low Advertising R & D 5. Substitutes 2. Limited Demand
4. Technology 3. Niche Disappear
Disadvantages
1. Unique Difficult
2. Switch Off to Other Product
3. Not Valued by Customer
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