competitive advantage of a company and their uniqueness. Trade-offs arise from activities themselves. Strategic alliances can be a loose agreement between two people or two organizations with a common purpose. The essence of strategy is choosing what not.
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A company can do so by leveraging the existing activity system by offering features or services that rivals would find impossible or costly to match on a stand-alone basis. It is based on the choice of product or service varieties rather than customer segments. Creating shared value: How to reinvent capitalism and unleash a wave of innovation and growth. It is economically feasibly only when a company can best produce particular products or services using distinctive sets 24 hour forex trade ideas of activities. Strategy as a portfolio of real options. Alternate Views of Strategy, the Implicit Strategy Model of the Past Decade Sustainable Competitive Advantage One ideal competitive position in the industry Unique competitive position for the company Benchmarking of all activities and achieving best practice Activities tailored to strategy Aggressive outsourcing and partnering.
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