Explain the concept of competitive advantage

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• How might the process of strategy formulation, implementation, and evaluation differ for (a) large businesses, (b) small businesses, (c) not-for-profit organizations, and (d) global businesses?

• "The concept of competitive advantage is as important for not-for-profit organizations as it is for for-profit organizations." Do you agree or disagree with this statement? Explain, using examples to make your case.

• Should ethical considerations be included in analyses of an organization's internal and external environments? Why or why not?

• How could the Internet be helpful to managers as they follow the steps in the strategic management process?

Reference no: EM13117117

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