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What is strategy

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Reference no: EM133565429

ASSIGNMENT:

Read the article "What Is Strategy?" by Michael Porter on this link:

And based on the article, answer the following questions on sheet of yellow paper to be submitted next face to face meeting:

1. What is strategy?

2. Is operational effectiveness a strategy? Why or why not?

3. Strategic position emerges from three sources. What are these? How are these connected to the concept of trade-offs?

4. How can you gain a competitive advantage?

5. What is the new concept of strategy?

6. What are the impediments to strategy?

 

Reference no: EM133565429

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