| The Global economy, warm competition allows the | | | | decisions. |
| company to think for future survival. The competition is | | | | To dominate the future company must do |
| changed and there are a small number of who | | | | assessment of internal and external environment, |
| companies have monopoly. Technology almost | | | | defend threats and exploit opportunities, manage |
| removes the barriers of geographical distance among | | | | products and services by dropping the bad one's and |
| the nations with the birth of Internet and adopting | | | | improving the best one's, adopt the strategy which is |
| E-commerce platform for electronic business. | | | | achievable and workable result in long term success |
| The Company creates a competitive advantage for | | | | for the company, implement strategies in suitable way, |
| long term survival in the complex environment. The | | | | match the actual performance with the plan and take |
| Competitive advantage can be gained by resources | | | | corrective action if needed to make strategy more |
| which are valuable, rare, can't be imitated, not have | | | | workable. |
| substitutes. But keep in mind its not the case if any | | | | Poetry written by me can conclude topic in a better |
| resource is rare it remains rare forever competitors | | | | way: |
| can find the sources to match resources. | | | | The people who can see far |
| The firm has to track the changes and keep updating | | | | Adopt the strategy for a war |
| the resources time to time in order to maintain the | | | | Mission helps them decide |
| competitive advantage. 3M produce number of | | | | Reason of existence and sight |
| products every year because there competitive | | | | Visionary thinking is mandatory |
| advantage is employee's innovation. competitive | | | | To increase growth of the tree |
| advantage is there huge database contains million of | | | | Objective can organize the game |
| books. Southwest airline perform low cost operation | | | | Inform the army what to gain |
| due to efficient processes. Cisco provides solutions for | | | | Strategy runs the decided game |
| different networks and communication with dealers, | | | | Plan can work and produce the fame |
| resellers' results in huge profits. | | | | Get together for successful plan |
| Strategic Management is all about creating, maintaining, | | | | Check and balance is the part of the game |
| and improving the competitive advantage through the | | | | Strategic management is a long term plan |
| process of formulating, implementing and evaluating the | | | | You can get, what you claim! |