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MGTStudyG2.wps - MGT Study Guide Distinctive competence-...

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-1MGT Study Guide Ÿ Distinctive competence- what a company can make, do or perform better than its competitors Ÿ Sustainable competitive advantage- a competitive advantage that other companies have tried unsuccessfully to duplicate and have, for the moment, stopped trying to duplicate Ÿ Strategic dissonance- a discrepancy between a company’s intended strategy and the strategic actions managers take when implementing that strategy Ÿ Competitive inertia- a reluctance to change strategies or competitive practices that
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