1. Summary Of What Is Strategy?
... doing things in a different way - so different, in fact, that competitors find it extremely difficult and costly to imitate those differences. The reason operational effectiveness is easily imitated and strategy is not results from the existence of trade-offs. To be different, to serve different customers, or to perform different activities requires that tough decisions be made about what to ... do and what not to do. No company can or should be everything to everyone. Limits on activities and objectives help guide the company and help create sustainable competitive advantage. Finally, a...
- Word Count: 292
- Approx Pages: 1
- Grade Level: Graduate