How the Strategy is Formulated In Introduction
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How the Strategy is formulated INTRODUCTION 1 PART B1 Porter's five force framework 1 Competitor Analysis 2 Resource Based Analysis 3 SWOT Analysis 4 REFERENCES 5 INTRODUCTION Strategy refers to the action plan which is prepared by the high management team of the organization for the purpose of achievement of the long term goals and objectives. It includes five competitive factors that affect business operations are as follows: Threat of new entrants Threat of new entrant bring more competition and gain market share. Supplier high bargaining power