logo

Game Theory vs. SWOT Analysis in the Strategy Process

Knowledge Center

Game Theory
Knowledge Center

Translatemore

Forum
12
Nick Bailey, USA

Game Theory vs. SWOT Analysis in the Strategy Process

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.

 

More on Game Theory:
Summary
Discussion Topics
topic Game Theory in Business
👀Game Theory vs. SWOT Analysis in the Strategy Process
topic Game Theory Cases in Strategy?
topic Game Theory and Oligopolistic Competition
topic Types of Game Theory
🔥 Gamification in Business and Management
topic Is Business Strategy a Non-Zero-Sum Game?
topic What are the Uses of Game Theory? List of Usages
topic Can Game Theory deal with Bounded Rationality?
topic Using Game Theory for Making Investments
topic What is Dominance Theory?
topic Shapley Value
Special Interest Group

SIG Leader

Do you know a lot about Game Theory? Become our SIG Leader



top

More on Game Theory:
Summary
Discussion Topics
topic Game Theory in Business
👀Game Theory vs. SWOT Analysis in the Strategy Process
topic Game Theory Cases in Strategy?
topic Game Theory and Oligopolistic Competition
topic Types of Game Theory
🔥 Gamification in Business and Management
topic Is Business Strategy a Non-Zero-Sum Game?
topic What are the Uses of Game Theory? List of Usages
topic Can Game Theory deal with Bounded Rationality?
topic Using Game Theory for Making Investments
topic What is Dominance Theory?
topic Shapley Value
Special Interest Group

SIG Leader

Do you know a lot about Game Theory? Become our SIG Leader

Knowledge Center

Game Theory
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.3 - Last updated: 2-10-2023. All names of their owners.




12manage is looking for BA/MBA students. More info.