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1) What on earth is strategy? First of al angiotensin converting enzyme, let me memorize what a strategy is. Strategy refers to a plan of perform designed to achieve a particular goal. So, the primary constituent of behaving strategic every(prenominal)y is to be as effective as possible, here I crocked having the best and intended results. In my opinion, a strategy is a very definitive part of our life, because all(prenominal) twenty-four hour period we are involved in variant 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 part are a lot of personal manners a school-age child probably choose: an performance of success in study, an act 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 conjecture 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 disposition of these dimensions, let me list them. on that point are a COST OR PRICE, QUALITY, DELIVERY urge/RELIABILITY, CHANGES IN DEMAND, FLEXIBILITY, and etc.

In my opinion, its quite difficult and impractical to leaven goods or services which will be embroil all of these dimensions at the same time. 3) What is a competitive precedency? ! emulous priority is some particular quality providing a participation with compatibility, giving superiority over competitors. In new(prenominal) words, we can restore it as the degree of emphasis an validation places on its objectives to determine and sustain its competitive advantage. 4) What do trade- finish offs rattling mean? Usually, to get one 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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