The approaches that can be utilized when strategizing for competitive advantage are, strategic planning, scenario planning, and strategy as planned emergence.
Competitive advantage refers to the ways in which a company can produce goods or deliver services better than its competitors. Thus, it allows a company to achieve superior margins and generate value for the company and its shareholders.
While strategizing for competitive advantage, the approaches that can be utilized are, strategic planning, scenario planning, and strategy as planned emergence.
Hence, corporate strategy should be planned so that resources are used most efficiently to convert distinctive competencies into competitive advantage.
To learn more about Competitive advantage here:
https://brainly.com/question/15095207
#SPJ4
