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Exam (elaborations)
Exam 1 Crafting and Executing Strategy
Exam 1 Crafting and Executing Strategy 
Strategic Competitiveness - ANSWER...-A set of actions taken by managers to 
outperform competitors and achieve superior profitability. 
Strategic Competitiveness Actions - ANSWER...-How to attract and please customers 
How to compete against rivals 
Capitalizing on attractive opportunities to grow the company 
How to respond to economic changes and market conditions 
How to manage each piece of business 
How to achieve company goals 
Competitive Advantage...