BAM 560 Strategic Management

Description

1. Identify and examine the five most frequently used strategic approaches to achieving a sustainable competitive advantage. Provide examples.

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2. Explain what market conditions and circumstances make a low-cost provider strategy attractive, evaluate the pitfalls in pursuing a low-cost provider strategy, and assess what can go wrong.

3. Compare and contrast the advantages for entering and competing in foreign markets for the strategic options of exporting, licensing, and franchising.

4. Explain what is meant by the empowerment of employees, how it differs from delegation of authority, and in what ways the empowerment of employees can aid the cause of good strategy execution.

The book is (S) Crafting & Executing Strategy
Thompson, Peteraf, Gamble, Strickland, 2020
McGraw Hill
ISBN.13: 978-1-264-25013-4

Looking for sample draft for each question with reference(s), approximately 650 words each.