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This lecture covers the competitive strategy of Cereal Partners Worldwide (CPW), a global breakfast company, focusing on its history, competitive advantages, disadvantages, external environment, strategic framework, promises, and sustainability goals. It also delves into CPW's commitment to regenerative agriculture, carbon neutrality, and aligning with Nestlé and General Mills. The lecture emphasizes the importance of analyzing strengths, weaknesses, opportunities, and threats in developing a competitive advantage and strategic plan. It concludes with insights on cost leadership, differentiation strategies, and the value chain analysis of Walmart.