Management Strategies & Business Tools – A Summary

The following is a summary of management strategies and business tools

covered in HOS801. Reviewing these may be useful for Assignment 3.

Management Strategies (18)

Cost leadership strategy

Product diversification strategy

Focus strategy

Offensive strategy

Defensive strategy

Corporate level strategy

Business level strategy

Functional level strategy

Organic growth strategy

Market penetration strategy

Product development strategy

Market development strategy

Diversification strategy

Horizonal integration strategy

Vertical integration strategy

Merger & acquisition strategy

Blue ocean strategy

Red ocean strategy

Business Tools (11)

VRIO Framework

SWOT Analysis

BCG Matrix

Value Chain Analysis

PESTEL

Four Actions Framework

Porters Five Environmental Forces Model

Product Lifecycle Model

H-Cat (Hotel Competitor Analysis)

Destination Competitiveness Model

Ansoff Matrix