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Strategic Competition: Porters Terms and Perspective

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Q1: There is competition and there is strategic competition. In Porter's terms, what is strategic competition all about?

Q2: Based upon Magretta's "Epilogue: A Short List of Implications," discuss the insights that you believe best capture the value of Porter's perspectives.

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The Solution discusses strategic competition as defined by Porter.

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Q1:There is competition and there is strategic competition. In Porter's terms, what is strategic competition all about?

In regard to the different forms of strategic competition, Porter defines three different types that can be utilized to obtain strategic advantages over competitors including differentiation, market segmentation, and cost leadership. In reference to cost leadership, the organization seeks to establish a strategy that requires achieving scale economies such as Walmart wherein their sheer size ensures that it has the ability to charge lower costs than its competitors to beat competitors in ...

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  • MS, Prairie View A&M University
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