An Investigation of the Relationship Between Value Chain Activities and Generic Strategies in Small and Medium-sized Enterprises in UK Manufacturing PDF
By:Antonios Michail
Published on 2013-09 by GRIN Verlag
Doctoral Thesis / Dissertation from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: -, University of Central Lancashire, language: English, abstract: In this study an in depth investigation of successful competitive strategies for small to medium-sized enterprises (SMEs) is undertaken. The overall aim of this study is to analyse the strategic orientation of UK Manufacturing SMEs. In the process, it will test Porter's (1980, 1985) theoretical framework of generic strategies and thus evaluate firms' preferred strategic synthesis. It will, therefore, test the efficacy of the value chain and develop any specific pattern that relates to a combination strategy. The investigation of the above objectives is undertaken utilising a mixed research methodology with the purpose of examining the applicability of existing competitive strategy frameworks (phase 1) and testing a new theoretical framework that incorporates additional dimensions of strategy (phase 2). During phase 1, Porter's framework is employed to investigate SMEs' strategic orientation as a means to achieve sustainable competitive advantage. A semi-structured questionnaire is employed and the analysis is carried out by means of factor and cluster analysis to identify strategic variables currently employed by SMEs. During phase 2, the theoretical framework is operationalised to bridge the gap within the literature and existing empirical research. Its purpose is to identify forms of successful competitive strategies of UK MSMEs as they are formulated and implemented in firms' value chain activities. The data was collected through a number of semi-structured interviews and the analysis was based on data categorisation. The findings indicate that Porter's (1980) single generic strategies are not the best option for UK MSMEs for gaining competitive advantage and that the competitive strategy of successful MSMEs differs from that of the less successful ones. Suc
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Book ID of An Investigation of the Relationship Between Value Chain Activities and Generic Strategies in Small and Medium-sized Enterprises in UK Manufacturing's Books is 0_lJQhKhKckC, Book which was written byAntonios Michailhave ETAG "0fn2L1WwxS0"
Book which was published by GRIN Verlag since 2013-09 have ISBNs, ISBN 13 Code is 9783656084792 and ISBN 10 Code is 3656084793
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