Introduction
Strategic management is increasingly becoming important in the modern business world with increasingly changing business landscape as businesses face globalization and growing competition. In that respect, this analysis seeks to demonstrate the process of developing suitable strategies to address such aspects like competition, market environment in consideration of a business position as well as its capabilities. To achieve that, the analysis uses the case of Trump Taj Mahal whose market and industry is analyzed for the trends as well as competition with use of Porters five forces. Further, the analysis identifies the brands’ competitors and their strategies as well as ...
