Operations Management: Sustainability and Supply Chain Management (12th Edition)
Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Chapter 2, Problem 4P
Summary Introduction

To determine: Three primary strategic approaches for competitive advantage.

Introduction:

The strategic approaches are the ways through which a firm makes itself unique in the market so that it can have an edge over the competition. There are different strategies followed by different firms such as cost leadership, differentiating product features and response strategies.

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