Exam1 - FC1 - Supercompanies Strategy A company can The...

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Supercompanies Strategy
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A company can outperform its rivals only if it can establish a difference it can preserve (embrace sustainable difference). The best company to own, invest in, or work for is a company that has durable competitive advantage; have near lockdown in their market.
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Operational Effectiveness Sustainable Competitive Advantage
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Fell out of style for hyper-competition, but positioning was too static and everything was “copy-able”. Important, but it isn’t a strategy; should have stuck with sustainable competitive advantage.
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Goals; Objectives Mission; Vision
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Although both describe who we are and what we do, ____ is a statement that describes today (present oriented), while ____ is who we aspire to become (future oriented). Although both are targets, ____ are general, bold statements (#1 airline in America), while ____ are specific, measurable, and dated targets for what we’re trying to accomplish
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(20% increase in sales by 2013).
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Jack Welch Strategies; Tactics
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Although both are actions, ____ are general, bold strokes of action (horizontal
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This note was uploaded on 09/08/2011 for the course MAN 4720 taught by Professor Staff during the Spring '08 term at University of Central Florida.

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Exam1 - FC1 - Supercompanies Strategy A company can The...

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