Question
Porter (1996) argued, Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
Porter (1996) argued, "Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. But the essence of strategy is in the activities - choosing to perform activities differently or to perform different activities than rivals. Otherwise, a strategy is nothing more than a marketing slogan that will not withstand competition." Does this 20 year-old concept offer an effective understanding of the relationship between strategy and decision making in today's organizations? Why or why not? Support your view.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started