After studying this chapter, you should have
a good understanding of:
the definition of strategic management and its four key
the strategic m
We seek to answer the following
The basic questions
management tries to answer
is 1. How can we create sustainable competitive
advantages in the marketplace that are not
only unique and valuable but also difficult for
What is a competitive advantage?
What makes it sustainable?
How do you know if you have one?
What factors do you need to consider to
develop or create one?
What is a competitive advantage
A competitive advantage is the thing that
The Red Queen Race
The Contest for Survival
Through the Looking-Glass by Lewis Carroll
An Entrepreneurial Interpretation
The Red Queen Effect
Run Alice Run
The Red Queen runs and runs- relentlessly
Business can identify with this feeling.
Every moment spent planning
saves three or four in execution."
The most important element
of a successful business or
mountain expedition is a
A strategic plan
maps out where a company is
the opening part ofCompetitive
Chapter 1, some of the most
changes is the emergence of some very successful firms and
the eroding competitive position of others, i.e., the change in
the composition of the S&P 500 over t
EFFICIENCY ( COST)
DOING THE RIGHT THINGS VS. DOINGS THINGS RIGHT
ONE OF THE FOUR KEY ATTRIBUTES OF STRATEGIC MANAGEMENT
FOR A PRACTICAL EXAMPLE, CONSIDER THE
DIFFERENCES BETWEEN ACTIVITY EFFECTIVENESS
AND ACTIVITY EF
Chronological Resume Sample
Sally M. Sampl
1001 Ram Road Fort Collins, CO 80525
(970) 5551234 [email protected]
Summary of Qualifications
Three years experience in retail management, with specialty in purchasing and floor display
How to Write a Resume When You're Just Out of College
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