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benefits of strategic management
Essay specific features
Written by:
Minnie W
Date added:
March 26, 2015
Level:
University
Grade:
C
No of pages / words:
5 / 1207
Was viewed:
6822 times
Rating of current essay:
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...
displayed 300 characters
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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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