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According to What is Strategy? by Michael Porter, strategic planning requires trade-offs because: Group of answer choices Some competitive activities are incompatible with a company's
According to "What is Strategy?" by Michael Porter, strategic planning requires trade-offs because: Group of answer choices Some competitive activities are incompatible with a company's strategic direction. Companies have limited resources and cannot do everything they want to do in a strategy. Companies must understand what the competition is doing and do the opposite, thereby giving up some potential strategic activities. Some strategic activities would be difficult for a company's employees to tackle or fund
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