Business strategies should be employed in order to be competitive in the market .Arguably; it is all about beating your competitor. According to Welch stretching is one of the business strategy this means figuring the performance target, that are within GEs capability and reasonable. Another strategy is the resource based. This puts more emphasis on the creation of economic rent. Market research and all the information of market environment is a strategy used by GEs.The quality of product and its price should be related.GE ensure that there is a correlation between price and the quality of the products.GE products are advertised ...
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