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

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

 

in this case the five approaches are:

 

1. low-cost provider strategy

2. broad differentiation strategy

3.focused low-cost strategy

4. focused differentiation strategy

5. best-cost provider strategy

 

using Crafting and Executing Strategy The Quest for Competitive Advantage   23rd edition by Thomas, Peteraf, Gamble, Strickland  as the reference

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