In order to design a successful strategy, managers must understand the full nature of the competitive forces that are present, and take an individualistic view of their company's structure.

Question

Quizplus · Accepted Answer

While understanding competitive forces is crucial, a successful strategy also requires a holistic view of the company's structure, resources, and capabilities, and how these can be leveraged in the market context, rather than an exclusively individualistic view.

In Order to Design a Successful Strategy, Managers Must Understand