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Pages:
2 pages/≈550 words
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Level:
Other
Subject:
Management
Type:
Term Paper
Language:
English (U.S.)
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MS Word
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Topic:

Strategic management perspective. Management Term Paper (Term Paper Sample)

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Even when they have similar resources, why do some companies perform better than other companies when competing in the same industry?from strategic management perspective

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Question 4: Even when they have similar resources, why do some companies perform better than other companies when competing in the same industry? From strategic management perspective.
Managers design a competitive strategy that is fundamental to ensure the success of the businesses in their respective marketplaces. This means that the company has to ascertain its market position that conforms to the requirements of a competitive environment. Generally, the most accomplished company has the best resource and strategy fit because these are the essential variables in performing better in finances (University of Utah, 2017).

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