Porter's Generic Strategies
This video explains Porter's Generic Strategies and provides examples of firms for each strategy.
-
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
-
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* eepurl.com/dIaa5z
-
SUPPORT EDSPIRA ON PATREON
* / prof_mclaughlin
-
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* edspira.thinkific.com
-
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: podcasts.apple.com/us/podcast...
* Spotify: open.spotify.com/show/4WaNTqV...
* Website: www.edspira.com/podcast-2/
-
GET TAX TIPS ON TIKTOK
* / prof_mclaughlin
-
ACCESS INDEX OF VIDEOS
* www.edspira.com/index
-
CONNECT WITH EDSPIRA
* Facebook: / edspira
* Instagram: / edspiradotcom
* LinkedIn: / edspira
-
CONNECT WITH MICHAEL
* Twitter: / prof_mclaughlin
* LinkedIn: / prof-michael-mclaughlin
-
ABOUT EDSPIRA AND ITS CREATOR
* www.edspira.com/about/
* michaelmclaughlin.com
Пікірлер: 33
I love this video. It is very helpful and honestly I like the way it is explained. It is very simple to understand.
This is the best video on the internet to explain Porter's Generic Strategies. Thanks for the help!
I love this video,it helped me a lot in my strategic management class.
cost leadership is not about the lowest price, but about manufacturing at the lowest possible cost, thus having bigger margins, while selling at average market price.
@Edspira
8 жыл бұрын
+Pablodabozz Good point. A cost advantage enables a firm to charge a lower price-- under-cutting its competition and stealing customers. By charging a lower price you can increase turnover which another component of profitability per the DuPont analysis.
Thank you.. Wonderful explanation.
Thank you so much this helped me a lot for my project!
i like simply explanation and examples. thanks a lot..
thank you. I really love this video
great video. Really helped me out..thanks
Love your videos. You deserve more views
Thanks, your examples where very helpful!
@Edspira
10 жыл бұрын
No problem! Good luck with your class :)
In generic strategies model, there isnt customer Intimacy from 4 model i look at. Can you explain about the third point on focus customer Intimacy please. From the model there is cost focus, differentiation , cost leadership and differentiation focus
Great....Thank you.
Best explained
Excellent work
Well explained
Best Explanation, Thanks a lot indeed :)
@Edspira
8 жыл бұрын
+Alpha Street Thank you!
ty alot
best explanation, thanks
@Edspira
8 жыл бұрын
Thank you!
thanks bro!
@Edspira
3 жыл бұрын
No problem!
Hey Edspira, which course of yours is this apart of?
Hi, I am creating a multimedia product as part of my ICT coursework and I have found your video useful to include for revision. I would like to ask if I could use your video as part of my multimedia product. The product that I will create may be published later. I would appreciate it if you could get back to me. Thank you :)
cost is production cost. not the amount it's going to be sold at - that's is price.
Are you the same guy from Food Wishes? Great food, by the way!
@Edspira
8 жыл бұрын
+Alexander Morris No I'm not, although I do love food :)
focus / customer intimacy group example : Hair dressers.
@Edspira
8 жыл бұрын
+Doug Zembiec Nice!
Noice