Tacit CollusionThe problem of cooperation exists becuase firms, simultaneously, have strong incentives to cooperate and strong incentives to cheat on…Nov 23, 2020Nov 23, 2020
FlexibilityIt is suggested that an important attribute of any strategy pursued under conditions of high uncertainty is FLEXBILITY. Flexibility is the…Nov 23, 2020Nov 23, 2020
Product DifferentiationWhat is product differentiation? It’s a business strategy whereby firms attempt to gain a competitors advantage by increasing the…Nov 10, 2020Nov 10, 2020
Cost LeadershipA firm that chooses a cost leadership business strategy focuses on gaining advantages by reducing its economic costs below all of its…Nov 10, 2020Nov 10, 2020
Firm Strengths and WeaknessesThe definition of a firm’s resources and capabilities, and the two assumptions of resource heterogeneity and resource immobility, are…Nov 7, 2020Nov 7, 2020
Evaluating Environmental OpportunitiesIn an importance sense, each threat is also an opportunity — the opportunity to choose strategies that neutralize threats. One of the…Nov 4, 2020Nov 4, 2020
Environmental ThreatsPressed Out Media Group has not been out there for that long. Marteverick started this company in January 2018 after realizing what his…Nov 4, 2020Nov 4, 2020
A Competitive AdvantageWhen Marteverick Shears first got into the media aspect of life he was just a kid in middle school making music with his friends and…Sep 2, 2020Sep 2, 2020
