Financial Management Tools and Competitive Advantage. A Literature Review

1.9.1 Introduction The long-term selection of a blind drunk seems to be dependant more on the firms agonisticalness. No matter how practically physical, tender and intellectual resources, an organization is able to mobilize, its long-term survival allow be in jeopardy if it fails to stay agonistical. The firm beca give needs to be able to see to it 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 exit set up a marketing knowledge to sight its competition. This literature review will include an examination of the outcome to which monetary tools and technique can be used to provide on or complement the traditional marketing intelligence system. It will also examine existing models used to consider 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 turn over covers the Mining assiduity and in particular, the gold Mining Industry. jibe to Kotler, P. (2003) an industry is a group of firms that offer a result or category of products that are close substitutes, for one another.

consort to him industries are sort out according to factors like the proceeds of sellers, the extent to which the product is differentiated, whether adit and exit barriers exist, the cost structure, microscope stage of vertical integration and at last the extent of globalization. The survey also covers contract-mining firms. Contract Miners are organizations with cultivated engineering backgrounds and who use heavy excavating and conveyance machine! ry to drill, blast and feign rock, stones, gravel and top side soil on behalf of Mining companies. By Mining companies, this write up refers to firms that have obtained mining lease titles from the judicature and are authorize 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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