Analysis of competition in the life sciences industry and strategies to lead in high growth markets

Thesis title: Analysis of competition in the life sciences industry and strategies to lead in high growth markets
Author: Suchoňová, Katarína
Thesis type: Diploma thesis
Supervisor: Tyll, Ladislav
Opponents: Balogh, Ivan
Thesis language: English
Abstract:
This thesis aims to conduct a strategic analysis of the company Thermo Fisher Scientific. The theoretical background described the tools and frameworks commonly used for strategic analysis. Moreover, the methodological tools used for the practical part are explained. Within the practical part, the analysis consists of the analysis of the entire business environment of the company. The thesis includes the analysis of the external environment with using the PEST analysis, but also the microenvironment with the Porters Five Forces analysis. Furthermore, the analysis of the competitors is conducted. The internal analysis focuses on finding strengths and weaknesses of the company. Overall, the findings of this analysis are summarized though a SWOT framework. The SWOT analysis is followed by the recommendations of strategic decisions the company should take with suggested implementations.
Keywords: competitor; PEST; Porter; strategic; analysis; VRIO; Value Chain
Thesis title: Analysis of competition in the life sciences industry and strategies to lead in high growth markets
Author: Suchoňová, Katarína
Thesis type: Diplomová práce
Supervisor: Tyll, Ladislav
Opponents: Balogh, Ivan
Thesis language: English
Abstract:
This thesis aims to conduct a strategic analysis of the company Thermo Fisher Scientific. The theoretical background described the tools and frameworks commonly used for strategic analysis. Moreover, the methodological tools used for the practical part are explained. Within the practical part, the analysis consists of the analysis of the entire business environment of the company. The thesis includes the analysis of the external environment with using the PEST analysis, but also the microenvironment with the Porters Five Forces analysis. Furthermore, the analysis of the competitors is conducted. The internal analysis focuses on finding strengths and weaknesses of the company. Overall, the findings of this analysis are summarized though a SWOT framework. The SWOT analysis is followed by the recommendations of strategic decisions the company should take with suggested implementations.
Keywords: competitor; strategic; PEST; Porter; VRIO; Value Chain; analysis

Information about study

Study programme: International Management
Type of study programme: Magisterský studijní program
Assigned degree: Ing.
Institutions assigning academic degree: Vysoká škola ekonomická v Praze
Faculty: Faculty of Business Administration
Department: Department of strategy

Information on submission and defense

Date of assignment: 12. 11. 2021
Date of submission: 24. 8. 2022
Date of defense: 6. 10. 2022
Identifier in the InSIS system: https://insis.vse.cz/zp/78729/podrobnosti

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