HOS801 – Strategic Management – ICMS – 2009
Topic 3: Strategic Direction
- Define strategic competitiveness, competition, competitive rivalry, behaviour and
dynamics. - Describe market commonality and resource similarity as the building blocks of a
competitor analysis. - Explain awareness, motivation and ability as drivers of competitive behaviours.
- Discuss factors affecting the likelihood a competitor will take competitive actions or
respond to actions taken against it. - Explain the competitive dynamics in each of slow-cycle, standard-cycle and fast-cycle
markets. - Regression to the mean.
- Strategic Vision and Mission.
- Core Values and Ethics.
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Topic 3: Strategic Direction Define strategic competitiveness, competition, competitive rivalry, behaviour and dynamics. Describe market commonality and resource similarity as the building blocks of a competitor analysis. Explain awareness, motivation and ability as drivers of competitive behaviours. Discuss factors affecting the likelihood a competitor will take competitive actions or respond to actions taken against it. […]
