<P>Explaining the context, meaning and value of markets, this book shows how to analyze markets, develop appropriate strategies and respond appropriately to changing competitive dynamics. Debunking myths around how markets are defined, it provides ways to take advantage of the assets a company possesses and how to develop new assets for the target market.</p><p>Malcolm Morley explains, using practical tools and techniques, how marketing needs to be a product of, and consistent with, strategic competitive and corporate analysis, and he explores the organizational implications of the strategies, resources, competencies and capabilities of expansion into international territories.<BR> <br>Ideal for strategic planners, directors and senior managers as well as marketing managers, <I>Understanding Markets and Strategy</I> provides everything necessary to understand markets and create a strategic context for the development of credible commercial plans to make the most of them.<BR>