1.Identify at least (three) key areas that you would need to first examine/assess before you begin the repositioning process.

2.Justify your selection (of the three key areas) by providing arguments that will support your stance and state the important role that these components play for a company to achieve sustainable competitive advantage.

1. “Successful strategy formulation does not at all guarantee successful strategy implementation. Although inextricably interdependent, strategy formulation and strategy implementation are characteristically different” discuss.

1. Explain the relationship between strategic management and competitive advantage. Provide and explain at least three ways that a firm can achieve sustained competitive advantage?