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MGMT 3830 Notes First Test (98% on the test)

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Department
Management
Course
MGT 3830
Professor
All Professors
Semester
Spring

Description
MGMT38300828201382813PorterarticleonCompetitivestrategyStrategyisNOTOperationalEffectivenessOperationalEffectivenessdoingthesamethingassomeoneelseanddoingitbetterUniquenessisthefactorneededtobesuperiortocompetitionDoingsomethingdifferentthancompetitorsStrategicPlanningperformingdifferentactivitiesfromrivalsorperformingsimilaractivitiesindifferentwaysThedegreeatwhichyouaremoreuniquefromyourcompetitorsmakeitmoredifficultforthemtocopyyouUniqueness3waysNeedsBasedIkeafulfillingtheneedsofyoungcustomersCustomeraccessibilityVarietychoiceofproductserviceFITActivitiesinthefirmpoliciesandcultureinthefirmOuractivitiesaligntogethertobemutuallyreinforcedDegreeatwhichyoucandrivefitnessisthedegreeatwhichyouhavecompetitiveadvantage
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