STRA4701 Strategic Management- Sustained Superior Profitability

STRA4701 Strategic Management- Sustained Superior Profitability

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STRA4701 Strategic Management

Task

Question 1 (600-800 words)

A) What is sustained superior profitability and What do you think are the sources of sustained superior profitability?

B) What are a firm’s Mission, Vision and Value?

Question 2 (600-800 words)

A) Under what environment conditions are price wars most likely to occur in an industry?

B) What are the implications of price wars for a company?

C) How should a company try to deal with the threat of a price war?

Question 3 (600-800 Words)



A)Describe the three factors that shape a firm’s competitive advantage.

What must a firm embrace to sustain its competitive advantage over time?

B) It is possible for a company to be the lowest-cost producer in its industry and simultaneously have an output that is most valued by customers. Discuss this statement.

STRA4701 Strategic Management

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