BUS 495Week 1 Assignment

    March 1, 2023

What do we mean by strategy? How is a business model different from a strategy? What do you think are the sources of sustained superior profitability?  What are the strengths of formal strategic planning? What are its weaknesses? Can you think of an example in your own life where cognitive biases resulted in you making a poor decision? How might that mistake have been avoided?

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