How do we develop a competitive advantage with our strategy

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What is strategy? How do we develop a competitive advantage with our strategy? How do we sustain that competitive advantage across time?

In your post make sure to (1) Briefly describe some examples you can think of where companies have been off target in attempting to either execute or define a "perceived or possible" strategy. Based on what you have studied thus far in the course, what was their mistake? (2) Briefly discuss your thoughts on whether there is a difference between a strategy and a strategic action?

In order to receive credit the answer must be at least 500 words and please don't just give opinions, support your discussion by citing well vetted information or data.

Reference no: EM131193347

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