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- What advantages do stage 3 and stage 4 companies have?
- What advantages do stage 1 and 2 companies have?
- Does company size and maturity matter as it competes in the marketplace?
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What advantages do stage 3 and stage 4 companies have
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- What advantages do stage 3 and stage 4 companies have?
The companies in stage 3 and 4 are established companies who have enjoyed good growth and profitability over the last many years and are now established brand names and reputed companies in the marketplace. The companies in these stages generally enjoy good marketshare, extensive brand awareness and loyal consumer base. Further, these companies have access to greater resources which allows them to explore new opportunities, expand in new markets,etc.
The large size and sales revenue of these companies also provide them advantage on the cost front as they enjoy greater economies of scale over their peers.
Further, the ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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