The questions in Part A refer to the material discussed in Lesson 5 of this course. As you learned in Lesson 1,

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The questions in Part A refer to the material discussed in Lesson 5 of this course. As you learned in Lesson 1, managing strategically involves formulating strategic responses and putting them into action. In Lesson 2 you learned about functional strategies (also called operational strategies), competitive strategies (also called business unit strategies), and corporate strategies. Let’s now discuss implementing strong competitive and functional strategies to exploit resources, capabilities, and core competencies.


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