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Chap-2
*Strategy making Strategy Executing Process
(1) Developing Strategic vision
(2) Setting objectives
(3) Crafting a Strategic to achieve the objective and vision
(4) Implementing and executing the strategy
(5) Monitoring developments, evaluating performance and making corrective adjustment
*Strategy making process
(1) Corporate strategy
(2) Business strategy
(3) Functional area strategies within each business
(4) Operating strategies within each business

Chap-3
*Industry Dominant Economic factor
(1) Market size and growth rate
(2) Number of rivals
(3) Buyer need and requirement
(4) Production capacity
(5) product innovation
(6) Product differentiation
(7) Economic of scale
*Five Forces Model
(1) Rivalry among competing seller
(2) potential entry of new competitor
(3) Firms in other industries offering substitute product
(4) Suppliers of row materials parts, components, or other resource input
(5) Buyers

*Industry Driving Forces
(1) Increasing globalization
(2) Product innovation
(3) technology change and manufacturing process innovation
(4) marketing innovation
(5) entry and exit of major firms
(6) Changes in cost and efficiency
(7) Changing social concerns, attitudes, and lifestyles

Chap-4
*Identifying Company Resource Strengths & Competitive Capabilities
(1)A skill or important expertise
(2)Valuable physical assets
(3)Valuable human assets
(4)Valuable organizational assets
(5)Valuable intangible assets
(6)Competitive Capabilities
(7)An achievement or attribute that plus the company in a position of market advantage
(8)Competitively valuable alliances or cooperative ventures.
*Company Competencies and Competitive Capabilities
(1)Competence

(2)Core Competence

(3)Distinctive competence

*What is the Competitive Power of a resource strength?
(1)Is the resources strength hard to copy?
(2)Is the resources strength durable
(3) Is the resources really

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