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Through the use of strategic alternatives companies may compete in a marketplace achieve its vision or if no vision has been articulated decide where it might go and what it might achieve. Strategic alternatives do not consist solely of strategies but rather bundles.
Explain what elements comprise strategic-alternative bundles and why creating more than a few bundles is extraordinary difficult. Describe the six criteria that strategic-alternative bundles should meet and discuss why it is essential that good bundles have addressed all of the key strategic issues.