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WPC 480 Final - Strategic Management exam 2023 with 100% correct answers
Sustainable competitive advantage 
Competitors are unable (or unwilling) to duplicate the benefits of a firm's strategy 
 
 
 
How is sustainable competitive advantage created? 
created through a value-creating strategy, based on core competencies 
 
 
 
critical strategic strategy 
disruptive technology 
 
 
 
Disruptive technology 
destroy value; create markets 
 
 
 
what is critical to strategic success? 
Developing a shared vision and mission statement 
 
 
 
two models involved in competi...