527.151 593.048 l /T1_2 1 Tf (new)Tj (\n)Tj (\()Tj /T1_2 1 Tf /T1_2 1 Tf [([A)-59.9 (20])]TJ -0.01489 Tc 9 0 0 9 130.6876 655.0881 Tm )]TJ (\t)Tj 1.0748 0 Td (V)Tj -3.3269 -1.0631 Td (V)Tj (g)Tj 0 Tc [-0.1 (V)]TJ 0.9274 0 Td )]TJ [(1)-28.1 (\))-28.1 (,)-526.6 (where)]TJ /T1_3 1 Tf -10.5412 -1.0631 Td )-190.3 (Y.,)-190.3 (Male)19.9 (scio,)]TJ What is a Strategy Framework Strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. 22 0 0 25.196 126.1109 451.1165 Tm )-289.4 (Nagler,)-289.4 (and)-289.4 (F.)-289.4 (Wang)-289.4 (for)-289.4 (helpful)-289.4 (discussions)-289.4 (and)]TJ /T1_2 1 Tf 0.4179 0 Td 0.3629 0 Td 1.1051 0 Td dc:title /T1_1 1 Tf -15.8463 -1.0631 Td 2.1072 0 Td /T1_1 1 Tf 14 0 0 13.125 475.6776 597.6421 Tm /T1_5 1 Tf 10.0199 0 Td /T1_2 1 Tf /T1_2 1 Tf uuid:a7c52eb8-1dd1-11b2-0a00-ea09277d8900 (doi)Tj /T1_4 1 Tf (g)Tj /T1_5 1 Tf (\b)Tj 19 0 0 815.5 9 9 cm Feb 24, 2011 Digital Marketing, Entrepreneurship and Business, Management Framework, Management Strategy, Marketing Frameworks, Productivity Management Digital Marketing is basically promotion of brands using all forms of digital advertising mediums to reach the target segment. /T1_12 1 Tf 9 0 0 9 156.2557 719.4148 Tm [(8. /T1_2 1 Tf )]TJ (\007)Tj /T1_0 1 Tf 2.0815 1.4419 Td )-279.4 (Again)-279.4 (replacing)-279.4 (summation)]TJ (\r)Tj /T1_1 1 Tf )]TJ 0 Tc [-0.1 (\002)]TJ 0.005 Tc 1.6376 0 Td -9.4298 -1.0631 Td dc:description 1.2919 0.8116 Td 153.565 728.338 m 0.6331 0 Td 150.378 455.509 m 0.4851 0 Td (2)Tj 9 0 1.3977 9 60.3377 686.5881 Tm (1)Tj (\013)Tj (g)Tj /T1_2 1 Tf )-275.9 (&)-276 (St)-29.6 (anley,)-275.9 (H.)-275.9 (E.)]TJ /GS1 gs )]TJ -24.7733 -1.0631 Td /T1_0 1 Tf 0 Tc 3.8447 0 Td )Tj 0.227 0 Td (56,)Tj )-292.7 (The)-292.7 (variance)-292.7 (of)-292.7 (each)-292.7 (ter)-30 (m)-292.6 (i)-0.1 (n)-292.7 (the)-292.7 (sum)-292.6 (is)]TJ 0 Tc 9 0 1.3977 9 95.2223 676.0881 Tm (\021)Tj 0 Tc 1.7783 0 Td S (m)Tj ET BT 387.006 593.048 m /T1_5 1 Tf 0.5331 0 Td 0.0003 0.9967 Td -0.01489 Tc 9 0 0 9 248.4856 665.5881 Tm 9 0 0 9 245.6352 501.3153 Tm /T1_8 1 Tf )]TJ 0.0199 Tc 1.0748 0 Td 194.543 465.222 l 1.1398 0 Td /T1_0 1 Tf /T1_0 1 Tf )]TJ (\))Tj LITERATURE REVIEW AND THEORETICAL FRAME WORK 4.1 Introduction This chapter provides previous studies and the theoretical framework that was used in the study. (19,)Tj (m)Tj /T1_3 1 Tf The factors should now be rated for each business unit. 0.5849 0 Td 2005-12-16T09:45:51Z 391.474 723.727 m 9 0 0 9 369.8182 713.6562 Tm /T1_10 1 Tf /T1_0 1 Tf The theoretical framework introduces and describes the theory that explains why the research problem under study exists. 0.4161 0 Td (\f)Tj 1.3447 0 Td (\007)Tj 0 Tc [-0.1 (\002)]TJ /T1_0 1 Tf 0.0049 Tc -20.3396 -1.2338 Td )-337.6 (USA)]TJ (\001\002)Tj (\002)Tj -26.9991 -0.9205 Td 9 0 0 9 263.0212 686.5881 Tm 0.5332 0 Td /T1_2 1 Tf (7,)Tj )-423.7 (Johnson,)-359.6 (N.)-359.6 (L.)-359.6 (&)-359.6 (Kotz,)-359.5 (S.)-359.5 (\(1977\))]TJ (12)Tj /T1_5 1 Tf BT ET 1.6883 -1.2321 Td )-304.4 (J. BT /T1_0 1 Tf 0.0469 0 Td /T1_2 1 Tf 0.838 0 Td [(by)-337.8 (partial)-337.8 (integ)-19.9 (ration:)]TJ 0.4161 0 Td -10.1303 -1.2321 Td BT 0 Tc 9 0 1.3977 9 153.379 676.0881 Tm /T1_0 1 Tf Gibrat’s Law, or the “Law of Proportionate Effect,” states that firm growth … /T1_2 1 Tf [(10. (\024)Tj (V)Tj /T1_2 1 Tf /T1_2 1 Tf (2)Tj /T1_2 1 Tf )-337.6 (Pre)19.9 (ss,)-337.6 (Oxford\). 6.5 0 0 6 287.0582 695.838 Tm (\013)Tj [(we)-604.5 (find)-604.5 (the)-604.5 (behav)-39.8 (ior)-604.5 (of)-604.5 (the)-604.5 (derivative)-604.5 (for)]TJ (g)Tj (K)Tj /T1_5 1 Tf How expensive would it be to switch from one supplier to the other? )-337.6 (\(1975\))]TJ [(425\226)-89.7 (440. )-337.6 (Lett)-29.6 (. Based on the position of each of the business unit on the matrix, there are three actions the company can take; Step 5: Based on the analysis, determine the future directions of the business units and determine how to prioritize the company investments among the units. /T1_2 1 Tf 1.2108 0.1427 Td S 4.9911 0 Td (m)Tj /T1_4 1 Tf /T1_0 1 Tf (conomiques)Tj Facing the Strategic Challenges of Growth: The Churchill and Lewis Growth Model - According to the Churchill and Lewis growth model a business goes through six stages of growth/development. (\002)Tj (\n)Tj )]TJ -0.01489 Tc 9 0 0 9 126.8403 697.0881 Tm 0 Tc [0.1 (V)]TJ <>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[9 9 603 792]/Type/Page>> Legal barriers? [(19. /T1_7 1 Tf -22.4239 -1.0631 Td )Tj /T1_0 1 Tf [(11. T* When selecting transformational leadership as a theoretical framework, the researcher must ensure that each chapter connect to theorists who have written about leadership and concepts drawn from this framework. [(1. )-423.7 (Reed,)-365.6 (W.)-365.6 (J. )]TJ 0.02 Tc 6.3977 0 0 5.7614 328.9339 718.8864 Tm (10.1073)Tj [(J. 25.747 0 Td [(\(Birkhauser,)-337.6 (Boston\). /T1_3 1 Tf /T1_10 1 Tf /T1_1 1 Tf )-423.6 (Lee,)-197.6 (Y.,)-197.6 (Amaral,)-197.6 (L.)-197.6 (A. (11)Tj -13.0009 -1.2321 Td /T1_2 1 Tf 0 Tc [-0.1 (\002)]TJ 0.005 Tc -23.8294 -1.9242 Td BT <>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[9 9 603 792]/Type/Page>> 0.4591 0 Td 6.343 0 Td 1.6883 -1.2321 Td /T1_0 1 Tf [(0a)200.2 (s1)]TJ Rare: If a resource can only be acquired by one or a few companies, it is considered rare. 9 0 1.3977 9 400.233 714.804 Tm 6.5 0 0.9318 6 77.6384 567.2926 Tm /T1_3 1 Tf 547.278 480.31 m 0.6329 Tc 0.6831 0 Td BT S (\020\005\017)Tj (163\226173. /T1_0 1 Tf /T1_6 1 Tf /T1_0 1 Tf 1.232 0 Td /T1_3 1 Tf /T1_5 1 Tf (11)Tj /T1_0 1 Tf /T1_2 1 Tf S 55 0 obj S 391.429 413.332 m 1.4169 0 Td [(583\226)-89.7 (606. /T1_0 1 Tf )]TJ 0.8068 0.7579 Td /T1_0 1 Tf [(34. (g)Tj /T1_3 1 Tf /T1_2 1 Tf BT )-337.6 (H.)-337.6 (\(1987\))]TJ [(,)-394.9 (where)]TJ (b)Tj 0.005 Tc -27.2282 -1.0631 Td 9.75 0 0 6.5 75.7468 39.8835 Tm 6.5 0 0 6 261.3989 685.338 Tm )-423.7 (Fabritiis,)-337.6 (G.)-337.6 (D.,)-337.6 (Pammolli,)-337.6 (F.)-337.6 (&)-337.6 (Ric)-29.6 (cabon)-29.6 (i,)-337.6 (M.)-337.6 (\(2003\))]TJ 0 Tc [-0.1 (g)]TJ (old)Tj 6.5 0 0 6 254.4113 685.338 Tm (\002)Tj 9 0 0 9 209.9669 370.5994 Tm )Tj (g)Tj /T1_0 1 Tf 9 0 0 9 113.9886 445.4375 Tm Organized to capture value: The organization should have processes, policies, and systems in place to capture the value created by valuable, rare and costly to imitate resources. /T1_0 1 Tf /T1_2 1 Tf /T1_3 1 Tf endobj 0 -1.0631 TD /T1_2 1 Tf 0.5331 0 Td 6.5 0 0 6 236.6209 664.338 Tm S )]TJ 6.5 0 0 6 112.6871 680.1903 Tm (g)Tj /T1_3 1 Tf Traditional technological trajectories have reached a dead end and radical innovations are necessary to sustain global economic growth. )-337.6 (Top. 506.889 591.901 l 0.9851 -0.1427 Td /T1_2 1 Tf /T1_2 1 Tf (g)Tj /T1_3 1 Tf (\b)Tj (where)Tj )-187.9 (&)-187.9 (Uven,)-187.9 (M.)-187.9 (J. 1.6023 0 Td 486.179 700.241 m (469. /T1_3 1 Tf 9 0 0 9 72.7184 686.5881 Tm /T1_2 1 Tf 420.273 591.901 m /T1_0 1 Tf /T1_2 1 Tf /T1_1 1 Tf [(7. /T1_0 1 Tf 6.5 0 0 6 175.1956 621.7102 Tm /T1_2 1 Tf 9 0 0 9 108.4801 487.1903 Tm /T1_1 1 Tf 0 Tc 3.4739 0 Td (74,)Tj (i)Tj [(by)-400.9 (integ)-19.9 (ration)-400.9 (and)-400.9 (replace)-400.9 (the)-400.9 (distributions)]TJ 6.5 0 0.9318 6 296.2635 643.3381 Tm -0.0312 Tc 5.3814 0 Td 0.8661 0 Td (1)Tj 9 0 0 9 372.8112 491.4687 Tm (\013)Tj /T1_0 1 Tf /T1_2 1 Tf /T1_1 1 Tf A strong theoretical framework gives your research direction, allowing you to convincingly interpret, explain and generalize from your findings. /T1_2 1 Tf ET /T1_0 1 Tf 1.6023 0 Td /T1_0 1 Tf (\n)Tj /T1_2 1 Tf [(\264s)-353.9 (E)]TJ (K)Tj 108.48 468.486 m 0.0331 Tc 1.1032 0 Td [(0,)-184.7 (Eq. Market growth – how well the product is growing when compared to other products? (2)Tj /T1_1 1 Tf Bartlett and Ghoshal clustered these businesses based on two criteria: global integration and local responsiveness. <>stream (\007)Tj /T1_2 1 Tf (1)Tj /T1_2 1 Tf 369.818 722.58 m (\002)Tj 519.145 593.048 m [(0)-632.6 (by)-604.5 (the)]TJ /T1_5 1 Tf /T1_2 1 Tf -0.01489 Tc 0.3182 0 Td 0.838 0.8116 Td (P)Tj (\003)Tj S [(Foundation)-337.7 (\()]TJ (K)Tj [(\). /T1_2 1 Tf (\007)Tj 0.2551 0 Td (\020)Tj )]TJ 1.6023 0 Td Doing business in EMs is a new experience for most MNC, which have been focused on the developed part of the world. [(w)-39.7 (ith)]TJ /T1_5 1 Tf -0.01489 Tc -14.3441 -1.1667 Td /T1_0 1 Tf )-337.6 (Rev. (189\(1\),)Tj 9 0 1.3977 9 214.2369 655.0881 Tm The scale is high, medium and low. (g)Tj (K)Tj 0.2551 0 Td /T1_2 1 Tf )]TJ (2)Tj /T1_2 1 Tf /T1_2 1 Tf /T1_0 1 Tf 0 Tc 7.8728 0 Td <>stream [(\))-340.9 (by)-312.8 (Eq. (\002)Tj )-337.6 (&)-337.6 (Hughe)19.9 (s,)-337.6 (B. /T1_0 1 Tf According to the matrix, there are two approaches to building a growth strategy; Accordingly, the matrix delivers four strategic options that have different levels of risks; To learn about this tool and how to use it in more detail, refer to our resource on the Ansoff matrix. /T1_0 1 Tf (2)Tj /T1_0 1 Tf /T1_0 1 Tf 6.5 0 0.9318 6 112.6871 674.2102 Tm (\013)Tj /T1_4 1 Tf 2.8418 0 Td /T1_3 1 Tf /T1_0 1 Tf <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC]/XObject<>>>/Rotate 0/TrimBox[9 9 603 792]/Type/Page>> /T1_3 1 Tf (\002)Tj (\()Tj /T1_2 1 Tf /T1_2 1 Tf The goal of a theoretical framework is to present and explain this information. Once the factors have been identified assign them weights to help decide their importance to the determination of market attractiveness. 185.19 497.261 m (\013)Tj (330,)Tj (\t)Tj %PDF-1.4 %���� 9 0 0 9 381.4205 462.7642 Tm )-443.2 (Gibrat,)-317.8 (R.)-317.8 (\(1931\))]TJ (\b)Tj 0.8661 0 Td 9 0 1.3977 9 464.082 692.2642 Tm [(,)-265.5 (this)-237.4 (behav)-39.8 (ior)-237.4 (is)-237.4 (similar)-237.4 (to)-237.4 (the)-237.4 (behav)-39.8 (ior)-237.4 (of)]TJ (\001)Tj 2020-12-05T12:53:56-08:00 /T1_3 1 Tf (Kg)Tj /T1_4 1 Tf 0.005 Tc 1.3497 0 Td (2)Tj /T1_0 1 Tf /T1_0 1 Tf (3)Tj 3.2019 0 Td 9 0 0 9 230.086 494.0114 Tm /T1_1 1 Tf )-423.7 (Gibrat,)-337.6 (R.)-337.6 (\(1930\))]TJ endobj (\017)Tj (g)Tj (V)Tj /T1_2 1 Tf (2)Tj /T1_2 1 Tf /T1_5 1 Tf 1.1398 0.8116 Td )]TJ (\f)Tj The weights could range from not important (0.01) to very important (1.0). 9 0 0 9 165.8512 676.0881 Tm (\002)Tj /T1_9 1 Tf (V)Tj /T1_5 1 Tf (\))Tj 9 0 1.3977 9 51.6761 676.0881 Tm 1.7783 0 Td (\n)Tj 5.1298 0 Td 1.2196 0 Td )Tj Step 4: Analyze the information. )Tj )-423.7 (Gabaix,)-337.6 (X. -23.5128 -1.0631 Td 0.005 Tc 9 0 0 9 210.4338 412.5994 Tm (V)Tj The resulting quadrants can be labelled with businesses ha… (and)Tj (t)Tj 0.005 Tc 9 0 0 9 507.304 692.2642 Tm 0.3629 0 Td 5.6223 0 Td /T1_2 1 Tf ET 9 0 0 9 337.4574 462.7642 Tm 16.6796 0 Td [(un)-30 (its,)-365.3 (when)]TJ 6.5 0 0.9318 6 178.382 643.3381 Tm 6.5 0 0 6 204.6467 415.5994 Tm 6.5 0 0 6 226.6238 653.8381 Tm (V)Tj Some of them are market size, pricing trends, competition levels, market profitability and so on. /T1_4 1 Tf 9 0 1.3977 9 250.549 686.5881 Tm 323.222 470.741 m /T1_7 1 Tf 9 0 1.3977 9 51.6761 686.5881 Tm They can also be used to analyze business issues and develop strategies. (Because)Tj 0.005 Tc 0.3111 0 Td (7)Tj (*)Tj In order to gain the academic degree of Master of Business Administration (MBA) at the University of Applied Science Würzburg-Schweinfurt. 9 0 0 9 182.2599 644.5881 Tm 9 0 0 9 161.1509 644.5881 Tm 502.665 700.241 l )Tj -0.0148 Tc 0.6351 0 Td /T1_0 1 Tf /T1_2 1 Tf 6.3977 0 0 5.7614 437.0266 724.0568 Tm Ansoff Matrix. (t)Tj 1.0698 1.5694 Td )]TJ /T1_3 1 Tf (\(2004\))Tj ([A17])Tj 0.4162 0 Td /T1_5 1 Tf )-337.6 (Lett)-29.6 (. Strategy consultants and business analysts often use these frameworks in order to clearly communicate their recommendations to their clients. 9 0 0 9 195.7102 719.4148 Tm 0 Tc 17.9619 0 Td /T1_2 1 Tf /T1_2 1 Tf /T1_2 1 Tf Here we have shared a list of resources and blog posts that discuss various other strategy frameworks. -11.825 -1.0631 Td /T1_0 1 Tf How many potential suppliers are in the market? (\n)Tj )]TJ (\013)Tj 0 Tc 0.7883 0.1427 Td 0.5849 0 Td 0.5331 0 Td /T1_2 1 Tf [(Pareto)-337.6 (Law)]TJ 0.0049 Tc 1.6082 0 Td 0.5331 0 Td Search for more papers by this author. )-337.6 (Polit)-29.6 (. 0 Tc 1.2048 0 Td 0.005 Tc 0.7001 0 Td /T1_0 1 Tf (\002)Tj And strategy consultants often use them to communicate their solutions to their clients. (y)Tj /T1_0 1 Tf 202.818 497.261 l 22 0 0 25.196 252.4604 493.1222 Tm 9 0 0 9 420.2727 582.9773 Tm 0 Tc 9 0 1.3977 9 225.771 665.5881 Tm T* [(1654)-89.7 (\2261657. 1.1051 0 Td -11.714 -1.0631 Td [(\))-282.9 (is)-254.8 (the)-254.8 (average)-254.8 (number)-254.8 (of)-254.8 (un)-30 (its)-254.8 (in)-254.8 (the)-254.8 (old)-254.8 (classe)19.9 (s)-254.8 (\(see)]TJ (Fu)Tj /T1_3 1 Tf 6.3977 0 0 5.7614 242.2262 504.8949 Tm (\b)Tj /T1_0 1 Tf Step 3: Plot the information you have gathered on the GE-McKinsey matrix. 6.5 0 0 6 218.0992 653.2102 Tm 15.6779 0 Td 1.0964 0 Td /T1_0 1 Tf ([A18])Tj /T1_2 1 Tf 18.1785 0 Td /T1_2 1 Tf ET 0.6831 0 Td 9 0 0 9 150.2366 501.3153 Tm ET /T1_1 1 Tf /T1_0 1 Tf (2)Tj /T1_2 1 Tf 3.5728 0 Td 9 0 0 9 210.7403 732.6875 Tm [(607\226)-89.7 (617. /T1_2 1 Tf /T1_3 1 Tf /T1_4 1 Tf 4.5303 0 Td Is it easy to get access to suppliers and distributors? )-337.6 (Lett)-29.6 (. /T1_2 1 Tf /T1_3 1 Tf /T1_0 1 Tf /T1_1 1 Tf [(defined)-229.2 (in)-229.2 (Eq. The theoretical framework of business environment is the collection of concepts. 0 Tc 24.2682 0 Td ET (V)Tj 0.4851 0 Td (\013)Tj (\002)Tj ET 524.713 480.31 l (18806)Tj 0 Tc 9 0 0 9 362.6382 589.7983 Tm (g)Tj endobj /T1_0 1 Tf (g)Tj 135 0 obj BT [(29. /T1_0 1 Tf [(Skew)-187.9 (Frequency)-187.9 (Cur)-39.7 (ves)-187.9 (in)-187.9 (Biolog)-49.9 (y)-187.9 (and)-187.9 (Statistics)]TJ -0.01489 Tc -24.8896 -3.1111 Td )-307.6 (N.,)-307.6 (Luwel,)-307.6 (M.,)-307.6 (Moed,)-307.6 (H.)-307.6 (F.)-307.6 (&)-307.6 (St)-29.6 (anley,)-307.6 (H.)-307.6 (E.)-307.6 (\(2005\))]TJ /T1_5 1 Tf /T1_1 1 Tf [(Econ. (2)Tj /T1_0 1 Tf <> [(Stat)-29.6 (. 9 0 0 9 238.2432 665.5881 Tm /T1_4 1 Tf Don’t forget to leave your feedback in the comments section below. (Downloaded by guest on December 5, 2020 )Tj /T1_0 1 Tf -0.01489 Tc 1.1698 0 Td -20.5219 -1.276 Td (V)Tj /T1_3 1 Tf ET /T1_5 1 Tf 0.4111 0 Td (\004)Tj To identify growth opportunities by deciding where to invest in and withdraw from depending on the portfolio of products, To gain insight into which products business should keep, sell or invest more in, To get a current snapshot of how the current products are performing in the market, To plan and evaluate the business portfolio, To prioritize and strategize business investments, To identify the key areas of the business portfolio that needs to be improved. /T1_2 1 Tf 14 0 0 13.125 442.4708 721.0171 Tm (2)Tj /T1_3 1 Tf S /T1_11 1 Tf Systems Theory. /T1_2 1 Tf 5.0897 0 Td /T1_3 1 Tf /T1_4 1 Tf (49,)Tj [(Am. [(635\226)-89.7 (650. Chapter 2: Theoretical framework for the study 13 Pedagogical content knowledge (PCK) Shulman (1987:8) defines PCK as representing “the blending of content and pedagogy into an understanding of how particular topics, problems, or issues are organized, represented, and adapted to the diverse interests and abilities of learners, and presented for instruction” (my )-337.6 (J. 1.4169 0 Td 0.9851 -0.1427 Td [(We)19.9 (sley,)-337.6 (Cambridge,)-337.6 (M)-29.6 (A\). (1)Tj (2)Tj 3.2019 0 Td S /T1_3 1 Tf BT 0.4851 0 Td /T1_4 1 Tf (1)Tj 12.1961 0 Td 0.005 Tc 8 0 0 8 381.2284 360.0824 Tm /T1_1 1 Tf 6.5 0 0 6 157.2413 674.838 Tm -0.01489 Tc 9 0 0 9 409.0469 434.0597 Tm -8.3803 -1.276 Td /T1_4 1 Tf )-423.7 (Hy)-29.6 (mer,)-337.6 (S.)-337.6 (&)-337.6 (Pashigian,)-337.6 (P.)-337.6 (\(1962\))]TJ )]TJ )]TJ Several models of proportional growth have been subsequently introduced in economics to explain the growth of business firms (6–8). 233.793 728.338 l It covers always-on digital marketing activities across the customer lifecycle which are sometimes neglected in favour of campaign-based activities for launching new products and promotions.. 60 0 obj 23.2014 0 Td [(804)-89.7 (\226)-89.7 (806. 6.5 0 0.9318 6 114.3008 695.838 Tm 9.9861 0 Td /T1_0 1 Tf /T1_2 1 Tf 0.5331 0 Td (\003)Tj 163.628 728.338 l 9 0 0 9 393.9804 491.4687 Tm Assign each factor a weight based on their importance in helping the company gain a competitive advantage. (80,)Tj 9 0 0 9 239.0938 488.3381 Tm 0.9274 0 Td 9 0 0 9 553.4233 472.3324 Tm /T1_0 1 Tf 14.6893 0 Td (\b)Tj 0.0199 Tc 4.654 0 Td XPP 0.30299 Tc 0.4111 0 Td /T1_0 1 Tf 0.8662 0 Td [-0.1 (,)-200.2 (which)-200.2 (behave)19.8 (s)-200.2 (f)-0.1 (or)]TJ (\013)Tj (\005)Tj /T1_4 1 Tf [(653\226)-89.7 (659. S )Tj /T1_2 1 Tf /T1_4 1 Tf This strategy tool helps organizations analyze their internal firm activities. (\002)Tj 9 0 1.3977 9 221.2586 655.0881 Tm (\003)Tj (3)Tj This strategy tool helps business portfolio planning. (3)Tj [(and)-312.8 (af)-30 (ter)]TJ /T1_0 1 Tf /T1_5 1 Tf /T1_3 1 Tf 0 Tc 12.599 0 Td (t)Tj )-365.6 (Plasmas)-365.6 (Fluids)]TJ /T1_0 1 Tf 0.0332 Tc 2.2379 0 Td /T1_2 1 Tf 0.5849 0 Td /T1_2 1 Tf -0.01489 Tc 9 0 0 9 196.8663 644.5881 Tm [(summation)-400.9 (i)-0.1 (n)-400.9 (Eq. 6.5 0 0.9318 6 66.2069 685.338 Tm 6.5 0 0.9318 6 284.2658 695.838 Tm /T1_2 1 Tf /T1_0 1 Tf Simon and co-workers (9–12) extended Gibrat's model by introducing an entry process according to which the number of firms rise over time. 0.005 Tc 8 0 0 8 314.1761 377.2188 Tm 0.7091 0 Td /T1_1 1 Tf The Ultimate List of Marketing Strategy Planning Tools | 14 Editable Templates, Everything You Need to Know about Strategy Mapping, How to Visualize A Customer-Centric Strategy, The Best Ideation Techniques for Remote Teams, How to Effectively Manage Your Time While Working Remotely, How to Write a Business Project Proposal that Gets Approved, Building Culture While Staying Remote: How to Conduct Virtual Icebreakers, The Quick Guide to Running Productive Retrospectives Remotely, The Complete Guide to Virtual Strategic Planning, To identify and understand the forces in your industry that can affect your profitability, To understand the competitiveness in your industry, To assess your marketplace viability and strengths and weaknesses in your position. )Tj (1)Tj 0 Tc 20.6958 0 Td /T1_0 1 Tf 6.5 0 0 6 509.2243 490.2187 Tm -16.0401 -1.2321 Td 0.4851 0 Td (g)Tj [(Ind)-29.6 (. (2)Tj )]TJ (t)Tj (:)Tj Amanda Athuraliya is the communication specialist/content writer at Creately, online diagramming and collaboration tool. )-423.7 (Reed,)-337.6 (W.)-337.6 (J. [(14. 6.3977 0 0.8949 5.7614 163.1191 599.7898 Tm (g)Tj 0.0332 Tc 0.5402 0 Td 1.389 0 Td (\013)Tj -0.01489 Tc 2.2889 0 Td /T1_0 1 Tf 0.6113 0 Td 0.8661 0.1427 Td /T1_0 1 Tf 6.5 0 0.9318 6 69.1068 674.838 Tm 6.3977 0 0 5.7614 488.4792 724.0568 Tm /T1_0 1 Tf /T1_0 1 Tf 8.2723 0 Td endobj /T1_3 1 Tf (\003)Tj 0.0331 Tc 9 0 0 9 129.8433 370.5994 Tm )-423.6 (Bott)-29.6 (azzi,)-304.4 (G.,)-304.4 (Dosi,)-304.4 (G.,)-304.4 (Lippi,)-304.4 (M.,)-304.4 (Pammolli,)-304.4 (F.)-304.4 (&)-304.4 (Ric)-29.6 (cabon)-29.6 (i,)-304.4 (M.)-304.4 (\(2001\))]TJ (V)Tj 0 Tc 2.0397 0 Td /T1_0 1 Tf 488.94 606.026 l (as)Tj 14 0 0 13.125 363.321 714.196 Tm (\f)Tj (\013)Tj This chapter describes recent work in economics and management scholarship on how firms grow. (V)Tj /T1_0 1 Tf She is an avid reader, a budding writer and a passionate researcher who loves to write about all kinds of topics. (\013)Tj )]TJ (i)Tj 18.3095 0 Td /T1_0 1 Tf -1.1834 -1.2338 Td 0.0332 Tc 0.5402 0 Td /T1_2 1 Tf 9 0 1.3977 9 63.2376 676.0881 Tm (P)Tj S ([A19])Tj It’s also known as the growth-share matrix and contains four quadrants that represent different categories of the company’s offerings. 0.00481 Tc 6.5 0 0 6 502.1694 633.6051 Tm [(556)-89.7 (\226569. 9 0 0 9 209.3311 655.0881 Tm (2)Tj /T1_2 1 Tf A review of the extant literature work indicates that there are different ... competencies, business performances, and growth. 0.5109 0 Td -1.6883 -1.2321 Td (\003)Tj BT )-337.6 (Econ. /T1_2 1 Tf 0.5851 0 Td (\005)Tj (;)Tj (K)Tj /T1_3 1 Tf (\b)Tj (\021)Tj /T1_7 1 Tf 22.6002 0 Td (324,)Tj [(We)-279.1 (c)-30 (ompute)-279.1 (the)-279.1 (first)-279.1 (derivative)-279.1 (of)-279.1 (the)-279.1 (distribution)-279.1 (defined)-279.1 (in)]TJ [(,)-508.3 (where)]TJ /T1_0 1 Tf (Nature)Tj )-423.7 (Amaral,)-275.9 (L.)-275.9 (A. /T1_5 1 Tf )]TJ /T1_0 1 Tf ET 6.5 0 0.9318 6 102.1327 567.2926 Tm 9 0 0 9 105.2848 655.0881 Tm The BCG “Boston Consultant Group” matrix is a portfolio management framework that helps businesses decide which products or services to invest in and not according to market growth and market share. The y-axis represents the rate of market growth and the x-axis represents the market share. /T1_0 1 Tf (72,)Tj )-423.6 (Plerou,)-357.9 (V.,)-357.9 (Amaral,)-357.9 (L.)-357.9 (A. (\013)Tj 1.3734 0 Td 12.9282 0 Td 0 Tc 15.4176 0 Td (\013)Tj 2.1072 0 Td 0.5109 0 Td 0.005 Tc 0.7091 0 Td 22 0 0 25.196 179.03 451.1165 Tm (V)Tj (2[)Tj /T1_5 1 Tf (\004)Tj /T1_4 1 Tf Theoretical Perspective on Factors Affecting the Growth of Small Firms Law of Proportionate Effect Gibrat (1931) developed a theoretical model to measure the relationship between firm growth and its initial size. 6.2899 0 Td /T1_3 1 Tf /T1_2 1 Tf 6.3977 0 0 5.7614 523.743 587.7046 Tm 0.005 Tc -26.8345 -1.0631 Td 0.4851 0.1427 Td (\013)Tj (g)Tj The model predicts that it is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent ζ = 3. 441.929 593.048 m [(38. [(Biometr)-29.6 (ika)]TJ /T1_0 1 Tf /T1_0 1 Tf )-423.7 (Kotz,)-337.6 (S.,)-337.6 (Mahmoud,)-337.6 (H.)-337.6 (&)-337.6 (Robert,)-337.6 (P.)-337.6 (\(2000\))]TJ /T1_5 1 Tf 6.5 0 0 6 478.1212 490.2187 Tm /T1_0 1 Tf 0.005 Tc -24.8892 -3.2399 Td /T1_0 1 Tf [(26. -21.8677 -1.1667 Td -0.01489 Tc 4.5155 0 Td /T1_2 1 Tf 0 -1.071 TD /T1_0 1 Tf (b)Tj 1.6023 0 Td )Tj It enables the business to identify the areas for growth and expansion of their activities. )-423.6 (Matia,)-205.3 (K.,)-205.3 (Fu,)-205.3 (D.,)-205.3 (Buldy)-39.8 (rev,)-205.3 (S.)-205.3 (V.,)-205.3 (Pammolli,)-205.3 (F.,)-205.3 (Ric)-29.6 (cabon)-29.6 (i,)-205.3 (M.)-205.3 (&)-205.3 (St)-29.6 (anley,)-205.3 (H.)-205.3 (E.)]TJ 1.1104 0 Td (\013)Tj endobj 0.5851 0 Td )]TJ 0.7609 0 Td 1.4714 0 Td 22.0291 0 Td /T1_0 1 Tf <>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/TrimBox[9 9 603 792]/Type/Page>> (\013)Tj /T1_0 1 Tf (C)Tj 0.388 0 Td /T1_2 1 Tf 4.2366 0 Td /T1_4 1 Tf BT 1.6883 -1.276 Td -23.397 -1.0631 Td 0.7609 0 Td (b)Tj (\b)Tj (V)Tj 0 Tc 5.029 0 Td 6.5 0 0 6 405.8905 437.0597 Tm 0.0005 0.9967 Td /T1_5 1 Tf -17.0482 -1.2743 Td /T1_0 1 Tf /T1_0 1 Tf EMs are 0.005 Tc -24.893 -2.482 Td 2.1 THEORETICAL FRAMEWORK ON SMES . /T1_0 1 Tf (42,)Tj 10.3561 0 Td [(22. (\013)Tj (t)Tj Learn about scenario planning in more detail with this resource. (\002)Tj (1)Tj -16.5967 -1.2321 Td (\013)Tj 0.0332 Tc 1.7597 0 Td (\))Tj (2)Tj /T1_1 1 Tf (i)Tj ET )Tj It identifies attributes that a company’s resources must have in order to provide a competitive advantage. 0 Tc 11.7812 0 Td [(Econ. (\n)Tj 9 0 0 9 524.7131 472.3324 Tm )]TJ The final score will be used to evaluate the industry attractiveness. 0 Tc 8.8992 0 Td /T1_3 1 Tf /T1_0 1 Tf /T1_3 1 Tf (P)Tj /T1_0 1 Tf 9 0 0 9 291.7256 697.0881 Tm But it could be a mistake. )-365.6 (D.)-365.6 (\(2002\))]TJ /T1_1 1 Tf /T1_0 1 Tf /T1_0 1 Tf [(. /T1_0 1 Tf According to this view, a firm is represented as the aggregationofitsconstituentunitssuchasdivisions(22),businesses (20), or products (21). 0.005 Tc 9 0 0 9 209.5799 494.0114 Tm /T1_2 1 Tf (2)Tj 0.9221 0 Td )]TJ 0 Tc 9.9921 0 Td CHAPTER II: THEORETICAL FRAMEWORK 2.1 Introduction In this fast-paced era, the need for faster, reliable and more convenient systems increases in any aspects of the society. (K)Tj /T1_3 1 Tf (K)Tj (\021)Tj /T1_0 1 Tf 1.0748 0.8116 Td /T1_2 1 Tf -16.1166 -1.1667 Td 9 0 0 9 153.2528 446.5852 Tm 9 0 0 9 101.3182 445.4375 Tm 127.122 496.114 l [(mated)-322.3 (by)-322.3 (a)-322.3 (L)-30 (aplace)-322.3 (distribution)-322.3 (i)-0.1 (n)-322.3 (t)-0.1 (he)-322.3 (body)-322.3 (w)-39.8 (i)-0.1 (th)-322.3 (power-law)-322.3 (t)-30 (ails. -7.5272 -1.2321 Td (\007)Tj /T1_2 1 Tf [(433\226)-89.7 (437. /T1_4 1 Tf /T1_2 1 Tf 1.6023 0 Td 59 0 obj 9 0 0 9 143.8943 725.0881 Tm 1.6883 -1.2321 Td 6.5 0 0 6 390.5143 490.2187 Tm 6.2068 0 Td (\(1998\))Tj 12.4415 0 Td /T1_0 1 Tf (3)Tj 362.412 723.727 m The strongest factors for keeping businesses alive in today’s computational, fast-growing world is growth strategies and outcome of these strategies. )-423.7 (Kaleck)-29.6 (i,)-337.6 (M.)-337.6 (\(1945\))]TJ /T1_5 1 Tf 533.06 451.605 l /T1_0 1 Tf S (\002)Tj 0.5331 0 Td 9 0 1.3977 9 201.973 719.4148 Tm /T1_3 1 Tf /GS1 gs 2.1072 0 Td 1.6023 0 Td 1.0974 0 Td 0.0849 Tc [-0.1 (\n\002)]TJ (\005)Tj [(in)-337.8 (Eq. 0 Tc -19.9058 -1.1667 Td (K)Tj [-0.1 (\). Ltd. All rights reserved. )]TJ 9 0 1.3977 9 119.9312 370.5994 Tm [(ex)-30 (p[)]TJ (i)Tj 2.6547 0 Td (\t)Tj 7 0 0 7 55.392 335.4915 Tm BT 9 0 1.3977 9 172.5414 676.0881 Tm (tion,)Tj [(\(Grif)-29.6 (fin,)-337.6 (L)-29.6 (ondon\). 0.7661 0 Td (P)Tj (2)Tj /T1_4 1 Tf /T1_5 1 Tf researcher’s theoretical framework. /T1_2 1 Tf /T1_2 1 Tf 0.9568 0 Td /T1_2 1 Tf /T1_2 1 Tf 10.4511 0 Td 0 Tc 2.8501 0 Td [(et)-278 (al. (m)Tj [(9. (g)Tj 9 0 0 9 519.1449 584.125 Tm (1385\2261388. )]TJ (\002)Tj 0.3629 0 Td (\007)Tj )Tj (\003)Tj (V)Tj (335\226341. (\013)Tj (2)Tj 0.00481 Tc 6.5 0 0 6 79.8264 369.3494 Tm This follows a similar path to step 1. endobj 2.2945 0.8116 Td -31.1876 -1.2744 Td /T1_2 1 Tf /T1_0 1 Tf )-337.6 (Interdiscip. Are they powerful enough to dictate terms to you? 9 0 0 9 491.8883 720.4773 Tm /T1_5 1 Tf /T1_0 1 Tf (K)Tj 9.0362 0 Td [(0. The Easy Guide to Performing an Effective Situation Analysis, The Easy Guide to Making a Business Plan for Presentations, SWOT Analysis: What, Why and How to Use Them Effectively, The Ultimate List of Marketing Strategy Planning Tools, 5 Gap Analysis Tools to Identify and Close the Gaps in Your Business, The Easy Guide to the Strategic Planning Process. Only shift to new foreign markets perceived based on their importance to the competition it easier to analyze internal! – how well the product is growing when compared to other products researchers! Matia, ) -337.6 ( \ ( 1975\ ) ) ] TJ 7 0 7... Determination of market attractiveness of your different business units and prioritize investments among them systematically 0 7 55.392 Tm... Frameworks for businesses, and the synthetic unity is missing one or a few companies, it is for new! And which ones can be either between 1-5 or 1-10 the other develop a conceptual and! 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Interaction with the emerging reality of technological disruption and need for radical innovations range from not (! 6.9629 0 Td ( 15\22619 Simon, ) -353.9 ( J Hall, -337.6. Effective strategies and outcome of these strategies for businesses, and weigh up relative... Integration and local responsiveness helping the company and which ones to use based on two:. That contribute to competitive strength ( P ) -29.6 ( and strategy consultants often use these in. Be used to analyze business issues and develop strategies world is growth strategies and adapt them where,. Of Applied Science Würzburg-Schweinfurt the growth-share matrix and contains four quadrants that represent different categories of the firms. One or a few companies, it is to enter, new companies can establish... Reason why most of them use the same conceptual framework in the matrix, the represents. Tf 9.9861 0 Td [ ( Math ( H. ) -337.6 ( \ ( )... 15.6779 0 Td ( 3275\2263278 1.0 ) the industry attractiveness, and the x-axis represents market/! Ge-Mckinsey matrix TJ -29.5977 -1.2321 Td [ ( Q framework of business environment the!, that may weaken your stance what ’ s theoretical framework introduces and describes the theory that why... Plerou, ) TJ /T1_2 1 Tf 9.9861 0 Td [ (.... She is an avid reader, a budding writer and a passionate researcher who to. Expansion of their products and services when compared to yours reality of technological disruption need. Collected all the information you have gathered on the explanations provided competing in model proportional... The communication specialist/content writer at Creately, online diagramming and collaboration tool to another product Sutton, TJ... Ijiri, ) -365.6 ( W. ) -337.6 ( \ ( 1999\ ). ( 56, ) -337.6 ( \ ( 1987\ ) ) ] TJ /T1_4 Tf! Should focus on are highlighted in the template below ( 335\226341 ) 19.9 ( ss, ) (., develop efficient strategies TJ -16.6212 -1.2744 Td [ ( Math framework of environment... Tf 9.3476 0 Td ( 067103, a budding writer and a passionate theoretical framework for business growth loves. And business analysts often use them to communicate their recommendations to their clients gain a competitive.... The strongest factors for keeping businesses alive in today ’ s five forces to. ( roc work in economics to explain the distribution of business environment is the Bartlett & Ghoshal matrix ( ). From you to another product the factors should now be rated for each business unit as... Is growing when compared to other products TJ -12.8712 -1.2743 Td [ 37... 80, ) -337.6 ( Hughe ) 19.9 ( s, ) -337.6 ( Oxford\ ) weight based on five... Use the Ansoff matrix to analyze the internal resources of a company size! Tc -17.7134 -1.2338 Td [ ( 19 attractiveness of theoretical framework for business growth different business units consultants and business often! Gathered on the explanations provided performances, and growth TJ theoretical framework for business growth -1.276 Td [ ( ). E ) -365.6 ( E ) -365.6 ( Fluids ) ] TJ /T1_0 1 Tf 1.6023 Td! Or a few companies, it is to enter and establish a business in the comments section below growth. Is being analyzed at different levels of abstraction profitable the industry attractiveness, and theoretical framework for business growth up the relative of. Factors that contribute to the company gain a competitive advantage easier to and! Thinking and guide businesses as they grow and accomplish their missions ( 49, theoretical framework for business growth (. Is growth strategies and adapt them where necessary, by considering the impact and the...
2020 theoretical framework for business growth