ANALYSIS OF THE INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON THE CHOICE OF STRATEGY IN COMPANIES

Authors

  • Tea Jasminović Autor

DOI:

https://doi.org/10.24867/25GI05Jasminovic

Keywords:

strategy, strategic management, SWOT, PEST, corporate lifecycle stage

Abstract

The paper presents an analysis of the internal and external factors on company's strategy selection in both the manufacturing and service industries. In addition to factors, certain generic strategies are presented, as well as analysis of the company's operations that influence the selection and definition of the strategy. The strategies of successful companies were analyzed in order to come to the conclusion of the best way to choose the company's business strategy.

References

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Published

2023-12-30

Issue

Section

Industrial Engineering and Management