Financial Management Tools and Competitive Advantage. A Literature Review

1.9.1 Introduction The long-term endurance of a tighten seems to be dependant more on the firms agonisticalness. No matter how much 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 uptake needs to be able to take in 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 retort set up a marketing word of honor to get wind its competition. This literature review will include an examination of the utmost to which monetary tools and technique can be used to correspond on or complement the traditional marketing intelligence system. It will also examine existing models used to break 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 take in covers the Mini ng assiduity and in particular, the gold Mining Industry. harmonize to Kotler, P. (2003) an industry is a group of firms that offer a proceeds or category of products that are close substitutes, for one another.

harmonize to him industries are sort out according to factors like the crook of sellers, the extent to which the product is differentiated, whether adit and exit barriers exist, the cost structure, pointedness of vertical integration and at last the extent of globalization. The piece of work 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 extend soil on behalf of Mining companies. By Mining companies, this theater of operations 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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