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What are the requirements for deciding on a positioning strategy?
Operational Plans
Detailed, short-term action plans that outline how goals or objectives will be achieved within a specific timeframe.
Strategic Management Process
A continuous practice that involves planning, monitoring, analyzing, and assessment of all that is necessary for an organization to meet its goals and objectives.
Corrective Action
Measures taken to rectify a fault or reduce the likelihood of its recurrence in the future. Often used in the context of quality management and compliance.
Strategic Competitive Advantage
A condition that differentiates a business from its competitors, allowing it to generate greater sales or margins and/or retain more customers.
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