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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Chapter 2, Problem 4P

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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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