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Question below !

Question below !.

I’m studying for my Business class and don’t understand how to answer this. Can you help me study?

1.Explain what is meant by “competitive advantage”

2. Discuss the strategic role of managers at different levels within an organization

4‐Identify the primary steps in a strategic planning process

5‐Outline the cognitive biases that might lead to poor strategic decisions, and explain how these biases can be overcome

6‐Discuss the role strategic leaders play in the strategy‐making process

7‐Review the primary technique used to analyze competition in an industry environment: the Competitive Forces model

8‐Discuss how industries evolve over time with reference to the industry life‐cycle model.

9‐Review the primary technique used to analyze competition in an industry environment: the Competitive Forces model

10‐Show how trends in the macroenvironment can shape the nature of competition in an industry

11‐Discuss the source of competitive advantage 2‐Identify and explore the role of efficiency, quality, innovation, and customer responsiveness in building and maintaining a competitive advantage

12‐Explain what impacts the durability of a company’s competitive advantage 3‐Explain the concept of the value chain

13‐Identify and explore the role of efficiency, quality, innovation, and customer responsiveness in building and maintaining a competitive advantage 4‐Understand the link between competitive advantage and profitability

14‐Explain what impacts the durability of a company’s competitive advantage

15‐Identify and explore the role of efficiency, quality, innovation, and customer responsiveness in building and maintaining a competitive advantage

Question below !