Resource-based models of above-average returns

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Reference no: EM131649772

Discuss the following questions in relation to above-average returns:

What are the differences between industrial organization (I/O) and resource-based models of above-average returns?

Which is a more successful model?

Which model will you use to help shape your strategic management plan and why?

Applying your understanding of strategic management, answer the following questions:

How can business-level and corporate-level strategies be best used to gain a competitive advantage and earn above-average returns? Explain.

What are the advantages and disadvantages of competitive rivalry?

How can a company use competitive rivalry to its advantage? Provide examples.

Under what conditions would you choose a single or dominant business corporate-level strategy versus a more diversified strategy and why? Discuss.

Reference no: EM131649772

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