Elements of Good Strategy

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Can you name the Elements of Good Strategy?

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Description & FactorsElements
Area (product, service, distribution channels, geographic markets, technology, etc.) in which a firm participates
Means by which a firm will earn a profit by implementing a strategy
Is the timing and pace of strategic moves
How will we get there (e.g. internal developments, acquisitions, joint ventures, etc.)
How will the firm succeed and separate itself from competitors? (e.g. price, customization, image, etc.)

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