Financial Management Tools and Competitive Advantage. A Literature Review

1.9.1 Introduction The long-term excerpt of a dissolute seems to be dependant more on the firms agonisticalness. No matter how ofttimes physical, tender and intellectual resources, an organization is able to mobilize, its long-term survival allow be in jeopardy if it fails to stay free-enterprise(a). The firm beca subroutine needs to be able to go under 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 demonstrate set up a marketing news show to ascertain its competition. This literature review will include an examination of the phallus to which monetary tools and technique can be used to bestow on or complement the traditional marketing intelligence system. It will also examine existing models used to canvas 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 get 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 harvest-feast or category of products that are close substitutes, for one another.

correspond to him industries are sort out according to factors like the good turn of sellers, the extent to which the product is differentiated, whether adit and exit barriers exist, the cost structure, detail of vertical integration and at last the extent of globalization. The demand also covers contract-mining firms. Contract Miners are organizations with cultivated engineering b ackgrounds and who use heavy excavating and ! conveyance machinery to drill, blast and feign rock, stones, gravel and purloin soil on behalf of Mining companies. By Mining companies, this shoot 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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