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Exam (elaborations)

CCG Exam Questions And Answers

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  • CCG
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  • CCG

CCG Exam Questions And Answers...

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  • October 28, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CCG
  • CCG
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Easton
CCG Exam Questions And Answers

Business Strategy - Answer dynamic plan to create & sustain competitive advantage



Four key strategic questions - Answer § What markets to enter

§ What unique value do we bring

§ Resources (assets) /capabilities (processes) to deliver that unique value

§ Barriers to imitation



Strategic management process - Answer § Select company mission: primary purpose &
scope of activity

§ External analysis: company's current/potential markets

§ Internal analysis: company's resources & capability



Deliberate vs emergent strategy - Answer ya know



Who can influence strategy - Answer Mostly CEO & VPs, often CSO or consulting firm.
Should get ideas from anyone in company



Four primary stakeholder groups can all influence business strategy - Answer § Capital
market (shareholders, banks)

§ Product market (customers, suppliers)

§ Organizational (employees)

§ Community (communities, govt)



How to succeed - Answer listen, execute, add value

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