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Ten things you need to know about business strengths

Ian Marcousé provides a framework of ten concepts for your revision. For this volume the focus is on the components of SWOT analysis: strengths, weaknesses, opportunities and threats

At the heart of successful organisations is a store of knowledge that is greater than the sum of its parts. No individual knows as much about air safety as Airbus staff collectively. This is the company’s distinctive capability.

Example: Toyota launched its revolutionary Prius hybrid vehicle in 1997. Since then, no company has gathered such a deep understanding of the technology as Toyota.

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