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Review the Following: De Flander, J. (2016, February 4). What is business strategy? A simple business strategy definition!Links to an external site. [Video file]. Retrieved
Review the Following: De Flander, J. (2016, February 4). What is business strategy? A simple business strategy definition!Links to an external site. [Video file]. Retrieved from https://www.youtube.com/watch?v=0cMdPH6jZCM Note: The approximate length of this media piece is 8 minutes. Kryscynski, D. (2015, January 5). What is strategy?Links to an external site. [Video file]. Retrieved from https://www.youtube.com/watch?v=TD7WSLeQtVw Note: The approximate length of this media piece is 9 minutes. Porter, M. (2008). The five competitive forces that shape strategy. Harvard Business Review. Time Estimate: 36 minutes Thompson, A. A. (2018-2019). Strategy: Core concepts and analytical approaches (3rd ed.) [BSG electronic edition]. Burr Ridge, IL: McGraw-Hill Education. o Chapter 1, "What Is Strategy and Why Is It Important?" (pp. 1-11) Explain the analysis of the relationship between strategic plans and achievement of competitive advantage. In your analysis, do the following: Examine how an organization can utilize strategic planning to achieve and maintain competitive advantage within its market. Provide at least one specific example of an organization that achieved a competitive advantage from proper execution of strategic planning. o In your estimation, was the organization's success more a result of having an excellent strategy or a result of superior
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