many of the so-called organizational strategies on which companies are dependent, are not endurable. these strategies may not be well structured and cannot stand the test of time. thus, making the right decision is extremely important for strategic planning. the proposed strategy formulation framework in this paper (fuzzy bsq) is a powerful management tool in strategic planning that integrates ...

Some managers concentrate so single-mindedly on their direct rivals in the fight for market share that they fail to notice other elements in the competitive environment — often with disastrous results. The author of this McKinsey Awardwinning article describes the five "competitive forces" that aflfect the market arena and shows how important it is for a company to consider them all, so as to b...