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Briefly contrast managerial incompetence with managerial derailment.
Supply Chain Strategy
A plan for managing all the resources that go toward meeting customer demand for a product or service, from sourcing raw materials to delivering the final product.
Procurement
The process of obtaining goods or services, often involving tendering or bidding, to fulfill organizational needs.
Functional Strategies
Specific strategies targeting the operations and objectives within a particular business function, such as marketing, finance, or production.
Competitive Strategy
A long-term plan formed by a company to gain an advantageous position over its competitors, typically involving efforts to offer unique value to customers.
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