Solved: Competitive global business environment, Strategic Management

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Competitive global business environment

Task: In international business, nations must also take into account strategies for surviving in a competitive global business environment.

Question 1. What is competitive advantage and why does it matter?

Question 2. Discuss Michael Porter's Five Forces Model, detailing how each aspect of the model can be a source for establishing competitive advantage.

Please include references and citations.

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Strategic Management: Competitive global business environment

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