Transcription of Strategic Management Assignment
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Strategic Management Assignment
Atlantic International University Strategic Management Assignment BUILDING AND SUSTAINING COMPETITIVE ADVANTAGE. By Jeff Bordes Atlantic International University Honolulu, Hawaii May 2009. Required Assignment for Bachelor Program 2. INTRODUCTION: PURPOSE OF THE TOPIC. Definitions: What is Strategic Management ? Strategic Management is the art, science and craft of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its Strategic Management is the process of managing in a way that is consistent with the corporate strategy or in such a way as to capitalize on the opportunities that present What is Competitive Advantage? A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher A firm has a competitive advantage when it implements a strategy competitors are unable to duplicate or find too costly to imitate.
Apr 04, 2009 · Citigroup in credit card services, Emerson Electric in power drives and tolls, and Dupont in nylon and other synthetic fibers. Building a Low-Cost Advantage ... absorb increases in the prices of components or ingredients used in their products. For example, .
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