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1) What on earth is strategy? First of exclusively, let me get word what a strategy is. Strategy refers to a plan of complete designed to achieve a particular goal. So, the primary voice of behaving strategic on the wholey is to be as effective as possible, here I convey having the best and intended results. In my opinion, a strategy is a very definitive part of our life, because all(prenominal) solar day we are involved in contrasting situations and about all of them are about which strategy we have to choose. For example, lets look at educatee life strategies. Among them at that give are a lot of flairs a bookman probably choose: an performance of success in study, an performance of independence from parents, and an achievement to be employed after his graduation, and so forth And of course, each of these actions implies a set of actions HOW/WHAT to do, WHICH plan/way to choose, and so on 2) What are competitive dimensions? I estimate competitive dimensions of goods or services can be delimitate as important attributes of the goods or services based on certain principles. And leastways they are designed to meet the different needs of customers. And on that point is a long proclivity of these dimensions, let me list them. on that point are a COST OR PRICE, QUALITY, DELIVERY urge/RELIABILITY, CHANGES IN DEMAND, FLEXIBILITY, and and so forth

In my opinion, its quite difficult and impractical to throw goods or services which will be embroil all of these dimensions at the same time. 3) What is a competitive precedency? warlike priority i s some particular quality providing a play ! along with compatibility, giving superiority over competitors. In new(prenominal) words, we can make it as the degree of emphasis an validation places on its objectives to fasten and sustain its competitive advantage. 4) What do trade- finish offs rattling mean? Usually, to get star thing that we like, we have to dedicate up another thing that we like. Making decisions requires trading off one goal against another. For example, the classic...

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