Prove that the first player has a winning strategy for the game of Chomp, introduced in Example 12 in Section 1.8, if the initial board is square. [Hint: Use strong induction to show that this strategy works. For the first move, the first player chomps all cookies except those in the left and top edges. On subsequent moves, after the second player has chomped cookies on either the top or left edge, the first player chomps cookies in the same relative positions in the left or to pedge, respectively.]
BADM 4801 Notes 2016 09 01 Strategy Answer the following questions to develop a strategy 1. Where do we compete 2. What unique vale do we bring 3. What resources and capabilities do we utilize 4. How do we sustain unique value Elements of a Good Strategy -analysis: diagnosis of the competitive challenge accomplished through strategy analysis of the firm’s internal and external environments -formulation: guiding policy to address the competitive advantage accomplished through strategy formulation, resulting in the firm’s corporate, business, and functional strategies -implementation: a set of coherent actions to implement the firm’s guiding policy accomplished through strategy implementation Competitive Advantage -a firm that achieves superior performance relative to other competitors in the same industry average -always relative, not absolute -sustainable competitive advantage: outperforming competitors or the industry average over a prolonged period of time