Porter's Five Forces, Value Chain, Balanced Score Car
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Title: Porter's Five Forces, Value Chain, Balanced Score Car

Essay Details:

Subject: Business
Author: Mary H
Date: September 8, 2016
Level: University
Grade: A
Length: 15 / 4295

Essay text:

Such critical evaluation includes identifying the benefits and limitations of three frameworks and considering some implementation issues within organizations. As powerful strategic management tools, Porter's Five Forces, Value Chain and Balanced Scorecard frameworks are linked and interacted each other in a wide circle of business in context. Porter's Five Forces and Value Chain both help strategic managers to make decision on the basis of organizational external environment and internal analysis. The two frameworks are especially valuable for managers to develop and implement long-term strategy for organizations so as to build and maintain competitive advantages in the long run...

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