Illustrates the competitive strategy of a company

Question

Illustrates the competitive strategy of a company and its Key Concept?

Answer 1

By competitive strategy we signify the specifics of management’s game map for competing successfully – how it plans to position the company in the market-place, its specific attempts to please customers, and enhance its competitive strength, and the kinds of competitive benefit it wants to set up.

KEY CONCEPT:

A competitive strategy worries the specifics of management’s game map for competing effectively and achieving a competitive rim over rivals.