Competitive advantage is so highly recommended in field

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Evaluate why needing to have a competitive advantage is so highly recommended in the field of strategic management. Using an example of a specific organization, what might that organization do (or have they done) if they need to change or find a turnaround strategy to maintain their competitive advantage (consider product or industry diversification, mergers and acquisitions, joint ventures/strategic alliances, and/or internal development).

Reference no: EM13845628

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