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Start Up Strategy
This document provides information about business strategy and the five competitive forces that shape strategy. It discusses what strategy is, why simply claiming to be "the best" is not an effective strategy, and why assessing key differentiators is important. It then explains Michael Porter's five forces framework for analyzing industry competition and profitability, including the threat of new entrants, bargaining power of suppliers and buyers, threat of substitutes, and rivalry among existing competitors.
