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The strategic triangle, also known as the 3C's, helps in establishing the competitive position of a venture by defining its competitive advantage. This is based on the idea that a competitive advantage is defined by the ability to deliver better value to customers at a lower price than competitors. The 3C's stand for Customer, Competitor, and Company, and the model suggests that a company must understand all three aspects to effectively compete in the market.
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Use this slide for Value-Based Management (VBM) – the management philosophy and approach that allows and supports maximum value creation in businesses, normally the maximization of shareholder value. The strategic triangle (3C's) allows you to establish the competitive position of the venture. It's based on the idea that competitive advantage is defined by the ability to deliver better value to customers at a lower price than competitors.
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Learn from some of the most useful and popular business strategies and frameworks from our compilation. Apply the content, diagram, and graphs from th...
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