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What is corporate-level strategy

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Reference no: EM132909837

1 - According to the I/O model, what should a firm do to earn above-average returns?

2 - What does the resource-based model suggest a firm should do to earn above-average returns?

3 - Why is it important for a firm to study and understand the external environment?

4 - What are the differences between the general environment and the industry environment? Why are these differences important?

5 - How do the five forces of competition in an industry affect its profitability potential? Explain.

6 - Why is it important for a firm to study and understand its internal organization?

7 - What is a business model and how do business models differ from business-level strategies?

8 - How do awareness, motivation, and ability affect the firm's competitive behavior?

9 - What is corporate-level strategy and why is it important?

Reference no: EM132909837

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