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Chapter 3

Chapter 3 The Competitive Context.docx

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Department
Administrative Studies
Course
ADMS 1000
Professor
Peter Tsasis
Semester
Winter

Description
Chapter 3 The Competitive Context  Industry Life Cycle  Introduction/Birth  Popular strategies  Concentration in a niche  Likely structure  Entrepreneur-dominated  Factors  Technology  New discoveries  Regulation/de-regulation  Growth  Popular strategies  Horizontal and vertical integration  Likely structure  Functional management emphasized  Maturity  Popular strategies  Concentric and conglomerate diversification  Likely structure  Decentralization into profit/investment centers  Decline  Popular strategies  Profit strategy followed by retrenchment  Likely structure  Structural surgery  Reason  Changes in demographics  Shifting in consumer tastes  Substitutes  Advances in technology  Death  Popular strategies Liquidat
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