Porter's competitive strategies framework outlines how management can create and sustain a competitive advantage that will give a company above-average profitability.

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Porter's competitive strategies framework is a well-known model for helping businesses gain a competitive advantage, and it does so by offering a range of strategies that they can use. These include cost leadership, differentiation, and focus, all of which can help a company perform better than its rivals in the long run. By emphasizing these strategies and making them central to their business approach, companies can become more successful and achieve above-average profitability.

Porter's Competitive Strategies Framework Outlines How Management Can Create and Sustain