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I need help in answering the below questions : How do we best describe strategy? Define Competitive advantage and explain its relationship to economic value

I need help in answering the below questions :

How do we best describe strategy?
Define Competitive advantage and explain its relationship to economic value creation.
Discuss the importance of understanding a firm's strategy even if you are not a senior manager in a firm.
Describe two different measures of competitive advantage.
Describe the strategic management process.

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