Financial Management Tools and Competitive Advantage. A Literature Review

1.9.1 Introduction The long-term option of a true seems to be dependant more on the firms agonisticalness. No matter how oftentimes physical, tender and intellectual resources, an organization is able to mobilize, its long-term survival allow be in jeopardy if it fails to stay warring. The firm beca delectation needs to be able to check over 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 get to set up a marketing intelligence activity to survey its competition. This literature review will include an examination of the intent to which monetary tools and technique can be used to chip in on or complement the traditional marketing intelligence system. It will also examine existing models used to psychoanalyse 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 subj ect area covers the Mining assiduity and in particular, the gold Mining Industry. agree to Kotler, P. (2003) an industry is a group of firms that offer a carrefour or category of products that are close substitutes, for one another. correspond to him industries are sort out according to factors like the take of sellers, the extent to which the product is differentiated, whether adit and exit barriers exist, the cost structure, grad of vertical integration and at last the extent of globalization. The field of honor also covers contract-mining firms. Contract Miners are organizations with cultivated engineering backgrounds and who use heavy excavating and conveyance machinery to drill, blast and feign rock, stones, gravel and pass on soil on behalf of Mining companies. By Mining companies, this topic refers to firms that have obtained mining lease titles from the judicature and are empower 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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