The Sources and

Dimensions of
Competitive Advantage
Lecture 10
Discussion questions

 How would you differentiate between "strategic planning" and "strategy

development
Discussion questions

 How Competitive Advantage Is Established and Sustained

 How do you conceptualize and analyze the strategic significance of cost and
differentiation as distinct types of competitive advantage in your doctoral
research
 Describe the process of developing a company's vision, mission, and core values. How
do these elements influence strategy development?
 How do industry life cycle stages and competitive rivalry influence a company's choice
of strategies?
 Discuss various criteria for evaluating strategic options
 How can a company ensure its strategy remains relevant and adaptable in a dynamic
environment? Discuss the importance of monitoring, evaluation, and adaptation in the
strategic management process.
 In what ways does strategy development provide a framework for embracing
and leveraging change?