Thursday, April 17, 2014

strategy

Strategy does do all those things but it's really about competitive advantage. That's how a company gains in the marketplace. Competitive advantage allows a company to gain marketshare by either providing a unique product or being the low cost producer of a similar product. Either the company makes more profit selling a unique item or make more profit by producing at a lower cost. That's what's important about strategy - it needs to produce these things.
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