Competitive Advantage in Strategic Management
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How is competitive advantage practiced in Strategic Management?
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Solution Summary
How competitive advantage is practiced in Strategic Management is determined.
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In a company there are resource strengths represent competitive assets. A company having particular strengths and the competitive capabilities in which they can engage in competitive advantage will allow the company to perfume well in the marketplace. Furthermore, these strengths which take the form on the following :
- A skill or important expertise
- Valuable physical assets
- Valuable human assets
- Valuable organizational assets
- Valuable intangible assets
- An achievable or attribute that puts the company in a position of market advantage
- Competitively valuable alliances or ...
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