For any firm to succeed in its operations the compliance to industry norms is very important that is they must adhere to the rules of competition for market share within a particular industry. This always avoids unfair competition between firms in the same in the same industry. However sometimes a firm may break the industry competition norms through its policies of strategic choice in order […]

ABSTRACT In the present age, big cities in Viet Nam are growing at a rapid pace, especially in the economics, as a result many banks are established including Bank of Agriculture and Rural Development of Vietnam. Founded on 26/03/1988, Agribank has always played the leading role in Vietnam’s economic development with 1034 correspondent banks in 95 countries and territories (since 12/2009). In the new period, […]

Cheung Kong holdings limited (CKH) is a real estate development and strategic investment company. The chairman of CKH is Lee Ka Shing (CKH, 2012). Cheung Kong Holdings is one of the largest developers of residential and hotel properties in Hong Kong. CHK actively developed in new business area like life science and other business. CKH has many investments in different countries around the world, policy […]

SPACE Matrix Strategic Management Method The SPACE matrix is a management tool used to analyze a company. It is used to determine what type of a strategy a company should undertake. The Strategic Position & ACtion Evaluation matrix or short a SPACE matrix is a strategic management tool that focuses on strategy formulation especially as related to the competitive position of an organization. The SPACE matrix can be used as […]

IBM 4711 International Strategic Management Under Armour: Working to Stay on Top of Its Game Perform a STEEP analysis to understand the general environment facing Under Armour. How will the firm be affected by external factors? Ans. Each factor under STEEP analysis giving Under Armour more information about how company should adapt itself, in order to be survived in the market. Let’s see the effects […]

1) How has IKEA succeeded in expanding across the world using a standard range of products and a standard strategy in the home furniture and furnishings industry, in which divergent cultural influences are likely to be at their strongest? First of all, seems reductive say that IKEA provides a standard range of products having regard to the incredible width of this range (which allows, therefore, […]

Business plans are a start to making a go at running business and remaining ahead of the game, but to be really successful a company needs to have Strategic management’. Strategic management is “the set of decisions and actions that result in the design and activation of strategies to achieve the objectives of an organization” (Pearce, J. A. , & Robinson, R. B. , 2013). […]

In the beginning of capitalism, entrepreneurs believed that independency is the way to do business. Many believed that this is influenced by our national culture which strongly emphasis the importance of independency. The strong influence of the independency and individualism culture leads business organizations of the past to have strong interdependencies toward each other. However, as nations learned that international economic cooperation will bring mutual […]

EXECUTIVE SUMMARY Yahoo! Inc. , over its journey of almost 17 years has become the world’s largest online network integrated services provider with users exceeding 500 million in numbers worldwide (Yahoo FAQ, 2012). It has a presence in more than twenty markets and regions across the globe and is best known for its search engine and host of other services like finance, e-mail, advertising and […]

Strategic management is considered to be an art as well as a science in which activities of formulating, implementing, and finally, evaluation of strategies is carried out. These are carried out with an intention of enabling an organization to achieve both its long range and short range goals. In the course of establishing an organization’s strategies, an organization will come up with the mission and […]