What are the components of competitive strategy


Discussion Post I: Business Research

In today's business environment, it is essential to not only understand the necessity of strategic decision making and planning but to also be able to integrate them into competitive strategies.

i. What are the components of competitive strategy? Within competitive strategy what is the relevance of a value change framework? What are the implications for customers and the competition?

ii. Cooperative strategies are the steps taken by two or more organizations to align strategies and resources to achieve a common goal. Discuss some considerations that must be taken into consideration when planning a strategic alliance.

iii. What are the critical factors that are necessary in a joint venture to increase the likelihood of success?

Discussion Post II: Competencies and Knowledge- Global Financial

i. What competencies were you able to develop in researching and writing the course Comprehensive Project? How did you leverage knowledge gained in the IntelliPath assignments in completing the Comprehensive Project? How will these competencies and knowledge support your career advancement in management?

ii. Discuss the similarities and differences between shareholder wealth maximization and stakeholder wealth maximization.

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

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Business Management: What are the components of competitive strategy
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