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  2. Porter's generic strategies - Wikipedia

    en.wikipedia.org/wiki/Porter's_generic_strategies

    If a firm's business strategy could not cope with the environmental and market contingencies, long-term survival becomes unrealistic. Diverging the strategy into different avenues with the view to exploit opportunities and avoid threats created by market conditions will be a pragmatic approach for a firm.

  3. Customer Profitability Analysis - Wikipedia

    en.wikipedia.org/wiki/Customer_Profitability...

    For example, the Stobachoff curve can be used to illustrate the distribution of profitability graphically: The bigger the area under the curve, the greater the subsidization of unprofitable customer accounts by those that are profitable. [6] Literature suggests different strategies towards customers, depending on their profitability.

  4. Porter's five forces analysis - Wikipedia

    en.wikipedia.org/wiki/Porter's_five_forces_analysis

    A graphical representation of Porter's five forces. Porter's Five Forces Framework is a method of analysing the competitive environment of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability.

  5. 15 of the most profitable businesses in 2023 - AOL

    www.aol.com/finance/15-most-profitable...

    Source: Guidant Financial Top 10 Small Business Industries to Start in 2022. Bottom line. The success of a business depends on a variety of factors, including a profitable market for your business ...

  6. The 5 Most Profitable Business Ideas for Freelancers - AOL

    www.aol.com/finance/5-most-profitable-business...

    Vahdat provided three examples of how AI-powered workflow automation consultants can assist businesses. “Automate lead collection by integrating CRM tools (e.g., Salesforce, HubSpot) with email ...

  7. 7 Most Profitable Small Business Ideas for 2024 - AOL

    www.aol.com/7-most-profitable-small-business...

    For many U.S. workers, the American dream involves starting your own business and being your own boss. A record 5.48 million new businesses were launched in 2023, according to U.S. Census Bureau ...