WPC #1 - Study guides, Class notes & Summaries
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Exam (elaborations)
WPC 480 Exam #1 2023 with verified questions and answers
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---6May 20232022/2023A+
- Strategy 
An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantages. 
 
 
 
Vision 
What do we want to accomplish? 
 
 
 
Mission 
How do we accomplish our goals? And what do we do to accomplish our goals? 
 
 
 
Stakeholders 
organizations, groups, and individuals. They can affect or are affected by a firm's actions. 
 
 
 
Competitive Advantage 
superior performance relative to other competitors in the same industry or the industry average. 
 
 
 
Sust...
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