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Strategic Gap Analysis
Strategic gap refers to the situation where actual performance levels are significantly different than the desired performance levels. The analysis of such situation for the gray areas to be recognized…
RBV – Resource Based View
Companies endeavor to achieve competitive advantage. One of the techniques to achieve competitive advantage is through Resource Based View of the firm. RBV enables a company to identify the strategic…
What is Cost Accounting
Cost accounting is a subject dealing with the appraisal of overall costs in producing and selling the goods or rendering services by an organization. Normally it is based on standard…
Wal-Mart (WMT) Mission Statement
The Mission Statement and Purpose of Wal-Mart (WMT) Wal-Mart’s advertised mission statement and its advertising slogan are the same: "We save people money so they can live better." In addition…
Strategic Fit
Firms operate in an environment where external opportunities always prevail as a striking option and considerably be lucrative for firms to adopt such strategies coping with the requirements to reap…
Porter Supply Chain Model
Firms create value trough series of activities. These activities are described as a value chain which includes specific activities for adding value to the products and services the firms’ offer….
GE / Mckinsey Matrix
Business portfolio management is a promising field of strategic management in view of the today’s competitive environment. Due to the risks associated with a single business because of today’s uncertain…
Strategic Position and Action Evaluation (SPACE) Matrix
Strategic Position and Action Evaluation (SPACE) Matrix has been materialized as a dominant instrument in formulating alternative strategies. Like Grand Strategy Matrix this matrix is also based on four important…
Grand Strategy Matrix
Grand Strategy Matrix has emerged into a powerful tool in devising alternative strategies. This matrix is basically based on four important elements: • Rapid Market Growth • Slow Market Growth…
Wal-Mart Core Competencies
Wal-Mart is the largest public corporation according to the Forbes Global, it has been running chain of stores and warehouses nationally and internationally.Wal-Mart has been providing the thousands of brands…


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