Value proposition , sustainable competitive advantage, market position or capabilities part A: 2 compulsory questions 1. refer to the group project, which one of the strategic components do u think was critical to the success for the company Value proposition , sustainable competitive advantage, market position or capabilities a.choose just one, and say why was it important b. what were the actual good features, ideas about it. 2. the implementation and the formulation of the strategy are integrated a. how do u think it’s integrated, illustrate with ur group project b. there are  4 steps of best practice implementation, elaborate & discuss the merits and limitations of this model. Stage 1: Be very focused about the objectives, essence of the strategy, priorities Stage 2: Allocate appropriate and sufficient resources (time, dollars, IT support, staff support, management priorities) to allow it to work Stage 3: Manage the processes (doing tasks, decisions, Gant charts); cultural issues; get staff motivated; get buy-in from all stakeholders Stage 4: Monitor the progress and keep on track (information systems, KPI measures)