If you survived your first night, chances are your hemorrhage is under control. 1  Continue to drink. A lot. 2  Inspect thoroughly. Remove articles of clothing to do so. 3  Thoroughly clean the wound (this is the most important step). Clean water is best, but anything should be fine.  Donât attempt to suture close any open wounds.
For each strategic option, ask yourself how you could use that strategy to: 1  Reduce or manage supplier power. 2  Reduce or manage buyer/customer power. 3  Come out on top of the competitive rivalry. 4  Reduce or eliminate the threat of substitution. 5  Reduce or eliminate the threat of new entry.
Definition of strategic: Decisions or plans designed to impact favorably the key factors on which the desired outcome of an organization, game, system, venture, or war, depends. See also tactical. Dictionary Term of Day Articles Subjects Sign Up