Countries of outwardly oriented adaptive development

This subgroup includes countries located both in Latin America and in Asia and Africa. In Latin America, these are: Bolivia, Colombia, Ecuador, Paraguay, Peru; in Asia, Turkey; in Africa – Egypt, Morocco, Tunisia. They are characterized by the export orientation of the industry, which is developing with massive penetration into the industry of foreign companies […]

Three typical competitive strategies (according to the theory of M. Porter)

In 1985, in the work “Competitive Strategy”, M. Porter introduced the concept of universal strategies and identified three main types of strategy: cost leadership, differentiation, focus. Table 2 Resource requirements by component Porter Matrix Competitive advantage Low costs Differentiation Area of competition Broad Purpose Cost leadership Differentiation Narrow purpose Focus on costs Focus on differentiation […]