Assignment: Applying Strategies To Achieve Competitive Advantage
• Identify an organization with which you are familiar that is in need of a change in its strategy in its pursuit of competitive advantage.
• Review this Learning Resources, focusing specifically on the different competitive strategies and strategic frameworks you have learned about in this program. Consider the concept of the Blue Ocean strategy, as well as Porter's five forces, vertical integration strategies, and others.
225- to 300-word (3- to 4-paragraph) analysis of how your selected organization can use competitive business strategies to create competitive advantage. In your analysis, include the following:
• Examine two strategies that the organization could take to create and sustain competitive advantage. Explain why these strategies could be effective for the organization's achievement of competitive advantage.
• Devise recommendations for how the organization could implement a Blue Ocean strategy or strategic approach to achieve and sustain competitive advantage.
• To support your response, be sure to reference at least one properly cited scholarly source.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.