__: method by which managers conceive of and implement a strategy that can lead to
a sustainable competitive advantage
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Strategic Management Process
__: the outcome of a rational and structured top-down strategic plan
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Intended Strategy
the PESTEL model provides a relatively straightforward way to __, __, and __ the
important external factors and trends that might impinge upon a firm
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scan, monitor, evalulate
__: an integrative management field that combines analysis, formulation, and
implementation in the quest for competitive advantage
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strategic management
a process whereby formerly unrelated industries begin to satisfy the same customer
need
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Industry Convergence
, __: a product, service, or competency that adds value to the original product offering
when the two are used in tandem
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Complement
__: the firm's level of investments to maintain or build a resource
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resource flows
__: individuals or groups who can affect or are affected by the actions of a firm
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Stakeholders
__: outperforming competitors or the industry average over a prolonged period of
time
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Sustainable competitive advantage
a sustainable competitive advantage
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Strategic Management Process
__: the outcome of a rational and structured top-down strategic plan
,Give this one a try later!
Intended Strategy
the PESTEL model provides a relatively straightforward way to __, __, and __ the
important external factors and trends that might impinge upon a firm
Give this one a try later!
scan, monitor, evalulate
__: an integrative management field that combines analysis, formulation, and
implementation in the quest for competitive advantage
Give this one a try later!
strategic management
a process whereby formerly unrelated industries begin to satisfy the same customer
need
Give this one a try later!
Industry Convergence
, __: a product, service, or competency that adds value to the original product offering
when the two are used in tandem
Give this one a try later!
Complement
__: the firm's level of investments to maintain or build a resource
Give this one a try later!
resource flows
__: individuals or groups who can affect or are affected by the actions of a firm
Give this one a try later!
Stakeholders
__: outperforming competitors or the industry average over a prolonged period of
time
Give this one a try later!
Sustainable competitive advantage
