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    Competitive Advantage: Developing Grand Strategies

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    I need your opinion on this after running the "Developing Grand Strategies" simulations:

    a. What are lessons learned relative to the importance and effectiveness of strategy formulation and choice?

    b. As a result of using this simulation, what concepts and analytic tools will you be able to use in the development of your strategic plan (i.e., how do you expect to apply what you learned)?

    c. What do your results reveal about the challenges facing strategic planners?

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    https://brainmass.com/business/strategic-planning/competitive-advantage-developing-grand-strategies-190958

    Solution Preview

    a. What are lessons learned relative to the importance and effectiveness of strategy formulation and choice?

    A company's grand strategies must be relevant to its quadrant positioning within the grand strategy cluster. The company's quadrant position is identified through its competitive position and comparison to the existing market's capacity for future growth. This competitive position is identified through SWOT analysis. Then, the selected grand strategies help planners in identifying the best course of action to develop plans that meet corporate goals.

    b. As a result of using this ...

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