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1) What on earth is strategy? First of either, let me larn what a strategy is. Strategy refers to a plan of perform designed to achieve a particular goal. So, the primary caseful of behaving strategic totallyy is to be as effective as possible, here I soused having the best and intended results. In my opinion, a strategy is a very definitive part of our life, because all(prenominal) sidereal day we are involved in contrary situations and about all of them are about which strategy we have to choose. For example, lets look at educatee life strategies. Among them at that ramble are a lot of moods a bookman probably choose: an performance of success in study, an execution of independence from parents, and an achievement to be employed after his graduation, and so forth And of course, each of these actions implies a set of actions HOW/WHAT to do, WHICH plan/way to choose, and so on 2) What are competitive dimensions? I envisage co mpetitive dimensions of goods or services can be be as important attributes of the goods or services based on certain principles. And leastways they are designed to meet the different needs of customers. And on that point is a long identify of these dimensions, let me list them. on that point are a COST OR PRICE, QUALITY, DELIVERY urge/RELIABILITY, CHANGES IN DEMAND, FLEXIBILITY, and and so forth

In my opinion, its quite difficult and impractical to enhance goods or services which will be embroil all of these dimensions at the same time. 3) What is a competitive precedency? rivalrous priori ty is some particular quality providing a l! odge with compatibility, giving superiority over competitors. In new(prenominal) words, we can position it as the degree of emphasis an validation places on its objectives to well(p) and sustain its competitive advantage. 4) What do trade- finish offs rattling mean? Usually, to get atomic number 53 thing that we like, we have to dedicate up another thing that we like. Making decisions requires trading off one goal against another. For example, the classic...

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