Definition of strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process
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Definition of strategic competitiveness, strategy, competitive advantage, above-average
returns, and the strategic management process
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Solved in 3 steps
- What are generic competitive strategies, and how are they implemented in a firms value chain activities?What do strategic group members have in common with each other? What impact do firms outside a strategic group have on those in that group?How does strategic analysis help a firm develop its own strategic position? Why should that position be unique?
- Explain why the concept of competitive advantage is central to the study of strategic managementusing reference and giving appropriate examples ,differentiate the following levels of strategic planning;corporate ,business,functionalDefine the components of strategic management and discuss the three levels of strategy