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What is meant by above-average returns understanding what

1. What is strategy? Why is important?

2. What is meant by "Above-Average returns" Understanding what this concept means in everyday business operations is very, very important!!!

3. The I/0 and Resource Based Models of Above-Average Returns.

Assignment: Write and post a short essay (with examples) to illustrate your understanding of each of the three above (in your words of subjects in business strategy and policy

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