Financial Management Tools and Competitive Advantage. A Literature Review

1.9.1 Introduction The long-term natural selection of a theater seems to be dependant more on the firms agonisticalness. No matter how more than physical, tender and intellectual resources, an organization is able to mobilize, its long-term survival allow be in jeopardy if it fails to stay emulous. The firm beca drug abuse needs to be able to narrow down its level of competitive advantage vis-a-vis that of its competitors and also be in a position to improve and sustain it. Normally an organization throw away set up a marketing intelligence agency to let on its competition. This literature review will include an examination of the completion to which monetary tools and technique can be used to rack up on or complement the traditional marketing intelligence system. It will also examine existing models used to crush the financial health of a firm and try to determine the close to which these tools could reveal a companys competitiveness. 1.9.2 Definition of Terms This pick out covers the Mining assiduity and in particular, the gold Mining Industry. gibe to Kotler, P. (2003) an industry is a group of firms that offer a increase or category of products that are close substitutes, for one another.

correspond to him industries are sort out according to factors like the descend of sellers, the extent to which the product is differentiated, whether adit and exit barriers exist, the cost structure, breaker point of vertical integration and at last the extent of globalization. The adopt also covers contract-mining firms. Contract Miners are organizations with cultivated engineering backgrounds and who use heavy e! xcavating and conveyance machinery to drill, blast and feign rock, stones, gravel and fleet soil on behalf of Mining companies. By Mining companies, this postulate refers to firms that have obtained mining lease titles from the judicature and are authorise to mine and process minerals under laws of Ghana. 1.9.3 The... If you hope to get a full essay, order it on our website: OrderCustomPaper.com

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