MGMT$702$ Mid Term Chapter $1-5$ i

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The objective of a competitive strategy is to

Multiple Cholce

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lend greater detall to the company's business model.

provide buyers superior value relative to the offerings of rival sellers in order to attain a competitive advantage.

establish a competitively powerful value chaln.

get the company Into the best strategic group and then dominate it

grow revenues at a faster annual rate than rivals are able to grow thelr revenues.