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According to Porter's Generic Strategies model, there are three basic strategic options available to organizations for gaining competitive advantage. Required: (a) Based on your understanding,
According to Porter's Generic Strategies model, there are three basic strategic options available to organizations for gaining competitive advantage.
Required:
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(a) Based on your understanding, define strategic management.
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(b) Discuss THREE (3) basic strategies describe by Porter.
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(c) Determine FOUR (4) strategic management process.
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(d) Explain FOUR (4) Advantages of Strategic Planning.
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