Game Theory vs. SWOT Analysis in the Strategy Process

12manage is looking for students. Info

Game Theory
Knowledge Center

 

Next Topic

Game Theory > Forum > Game Theory vs. SWOT Analysis in the Strategy Process

Game Theory vs. SWOT Analysis in the Strategy Process
Nick Bailey
A major advantage of Game Theory over SWOT analysis when preparing a business strategy is the possibility of INTERACTION between your own firm and other firms.
Reactions of competitors on a potential strategic move can be studied and predicted.
This allows us to anticipate in our strategy on the reactions of the competitors. We can use certain characteristics of our competitors to our own advantage.
 

   

React to this discussion topic? Sign up for free

 


Your first visit to 12manage?

12manage is a global knowledge platform for managers, consultants, teachers, academics and students about management. To use certain functions of 12manage, a (free) membership and login is required. Would you like to keep on developing yourself in management? Sign up for free.



Special Interest Group Leader

Interested? Sign up for free.


Game Theory
Summary
Forum
Best Practices


Game Theory
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.1 - Last updated: 18-10-2019. All names of their owners.