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Please briefly describe the major steps of the Strategic Management Process and the key elements of strategy Please describe how the VRINE model is used

  1. Please briefly describe the major steps of the Strategic Management Process and the key elements of strategy

  1. Please describe how the VRINE model is used to evaluate a firm's internal resources.

  1. Who are a firm's stakeholders? Why are they important?

  1. What is corporate-level strategy? What is business-level strategy? What are the questions that each level strategy asks?

  1. What are the three perspectives of competitive advantage? Please briefly explain each perspective.

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