Explain which of the following approaches to strategy formulation is more likely to generate economic profits: (a)
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Explain which of the following approaches to strategy formulation is more likely to generate economic profits:
(a) evaluating external opportunities and threats and then developing resources and capabilities to exploit these opportunities and neutralize these threats or
(b) evaluating internal resources and capabilities and then searching for industries where they can be exploited?
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Related Book For
Strategic Management And Competitive Advantage Concepts And Cases Global Edition Paperback
ISBN: 978-1292060088
5th Global Edition
Authors: William Hesterly
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