A competitive strategy is a long-term plan that enables a company to differentiate itself from its rivals. Enterprise Rent-a-Car’s competitive strategy is to provide low-cost rentals close to where people live. By contrast, Hertz’s strategy is to provide rental cars in airports for business travelers.
- Show Me the Money: Analyzing Porter’s Five ForcesHow would you choose the best industry in which to invest your money? A little help from Porter’s five forces analysis might give you just the insight you need to make an informed investment decision.
- To Your Doorstep: The Logistics Journey from Container to CustomerLogistics is as essential to the holiday season as the Christmas tree and the menorah – and as prominent if you know where to look. Highways crowded with 18-wheelers, UPS trucks double parked on busy streets, Fed Ex vans pulling in and out of your neighbors’ driveways, even those Amazon boxes stacked atop your daily mail delivery. Logistics is about moving the right product in the right quantities to the right place at the right time, and, according to experts, it is critically important in the global economy.