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Business concentration is much like a pond at your local park. There are hundreds of little fish. Some of these fish over time grow larger and as they grow larger they get hungrier. As this occurs the little fish who aren't as big and strong as the bigger fish begin to be consumed by the larger fish and die off. Then you have the other fish who like to group together for protection. Put this into a business perspective, there are 100's of small businesses as the year's progress, smaller business die off. Some of the smaller businesses decide to group together and the other businesses keep growing. Eventually you are left with one or two big businesses that has hasn't stopped growing and a few other smaller business that have merged. This situation is the nature of business not only here in Australia, but throughout the world. jordan...
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∙ 14y ago
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What is concentrated strategy?
A concentration strategy focuses on a single business competing in a single industry.
Concentration growth strategy?
The concentration growth strategy is business expansion resulting from the strategy of focusing on products and markets. These have to be similar to, or complement, the current range of goods or services.
How should we integrate e-business strategy with existing business and IS strategy?
How Management of Technology Innovation integrated with business strategy
What is aligning compensation strategy with HR strategy and business strategy?
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
What is Ford's business level strategy?
What is Ford's business level strategy?
What are different types of business strategy?
There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.
What is the technical definition of strategy?
The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. It is a business strategy to have a plan for a business.
Is the IT strategy based on the business strategy?
Yes all IT strategies based on business strategies as IT is also one of the growing business ways in today's computer age. All strategies of a business, including its IT strategy, should be aligned with its overall business strategy.
Describe corparate level strategy and business level strategy?
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.
What does a marketing strategy provide for a business?
The goal of a marketing strategy is to provide increases sales for a business.
What is the Drools strategy about in business?
In business the Drools strategy is about database design. It is a set of rules to follow for a business when constructing a database for their company.
What is Dollar General's business strategy?
DG's business strategy is "A customer-driven distributor of consumable basics".
