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Through strategy implementation, a firm puts its guiding policy into practice by employing a set of coherent actions.
Strategy is the set of goal-directed actions a firm takes to achieve and sustain superior performance coherent actions relative to competitors. In any competitive situation, therefore, a decent strategy enables a firm to attain superior performance.
The AFI strategy framework may be a model that links three interdependent strategic coherent actions management tasks—analyze, formulate, and implement—that, together, help managers plan and implement a method which will improve performance and lead to competitive advantage.
Their offerings are of comparable quality to competitors' offerings but will be sold at lower prices thanks coherent actions to lower costs. Differentiation strategy allows an organization to compete within the market with something apart from lower prices.
As an example, a candy company may differentiate their candy by improving the taste or using healthier ingredients. In other words, competitive strategy means coherent actions to define how the firm intends to make and maintain a competitive advantage with regard to competitors.
learn more about coherent actions: https://brainly.com/question/3275734
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