OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry Analysis "The essence of formulating competitive strategy is relating a company to its environment. Although the relevant environment is very broad, encompassing social as well as economic forces, the key aspect of a firm's environment is the industry or industries in which it competes." That's a quote by Michael E. Porter from one of his books on competitive strategy. He stresses the need for an external focus in strategic planning tracking the major economic . . .
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