benefits of strategic management

Essay specific features

 

Issue:

Business

 

Written by:

Minnie W

 

Date added:

March 26, 2015

 

Level:

University

 

Grade:

C

 

No of pages / words:

5 / 1207

 

Was viewed:

6763 times

 

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Essay content:

According to this, we can learn that competitive advantage is a very important concept in strategic management. Next, I will look deeper into ?°what??s competitive advantage?±. Competitive advantage is what sets and organization apart. When a firm sustains profits that exceed the average for its industry, it has something that other competitors don??t does something better than other firms do, or does something that others can??t, the firm is said to possess a competitive advantage over its rivals...
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When a firm sustains profits that exceed the average for its industry, it has something that other competitors don??t does something better than other firms do, or does something that others can??t, the firm is said to possess a competitive advantage over its rivals. The goal of much of business strategy is to achieve a sustainable competitive advantage...
displayed 300 characters

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