On Monday, January 27, 2025, Nvidia- an artificial intelligence (AI) chip manufacturer’s stock plummeted 16%, removing around $600 billion from the company’s valuation, which is the largest market-cap decline recorded in Nasdaq history for a single company. This stock market news sent shock waves in the AI’s global and US industries. The cause of this […]
For the past two decades, many technology-based companies have achieved extraordinary growth rates internally through innovation. Before this period, growing internally through innovation had limitations, and firms had to depend on external growth strategies to achieve corporate growth goals and objectives. For example, by 2018, most of the world’s value was created by a set […]
Because fierce competition erodes a firm’s competitive advantage, firms should continuously move fast and build new advantages to counteract the advantages of competitors. To survive and prosper in today’s fiercely competitive market environment, firms need effective functional strategies to continuously add value to their offerings and build multiple layers of added value in different areas […]
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