Competitive advantage, the invisible component of the strategy, has as its subbordinates visible components of the strategy (mission, objectives, strategic options, resources, time) According to the renowned specialist Michael Porter, a company’s competitive advantage ,in essence, implies...

Strategic control represents that sequence of the strategic management process in which the strategy to be applied is followed,existing and potential problems are being identified and neccessary corrections are being made in order to ensure compliance of the achieved performance with set...