Competitive Strategy in Business
- Determine the factors that should be evaluated when creating competitive strategy of a business. For each factor, indicate its significance. Provide support for your answer.
- Evaluate whether or not the business strategy is dictated by the industry or type of business. Provide an example of an industry and your rationale.
- Evaluate Panera Bread's strategy and its effectiveness with executing the strategy within the competitive fast-casual restaurant marketplace.
- Discuss the pitfalls to this strategy and the potential impact to the performance of Panera Bread.
- Select one of Panera Bread's competitors and discuss a disadvantage that Panera has with the competitor and how this disadvantage may be overcome.
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