Describe two different measures of competitive advantage


Assignment task: I need help in answering the below questions:

Q1. How do we best describe strategy?

Q2. Define Competitive advantage and explain its relationship to economic value creation.

Q3. Discuss the importance of understanding a firm's strategy even if you are not a senior manager in a firm.

Q4. Describe two different measures of competitive advantage.

Q5. Describe the strategic management process.

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