Solved: Describe michael porters view on competitive advantage, Strategic Management

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Describe michael porters view on competitive advantage

Discussion Post: Strategic Management

• Describe Michael Porter's view on competitive advantage. How do the three strategies differ from each other? Give an example of each.

• Explain "strategic drift" and give examples of how it happens.

• What is benchmarking and why is it done?

• What is a strategic grouping of companies? Why are they useful? Name several companies in a grouping.

• What are the SMART Objectives and what do they mean?

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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