Final answer:
Strategic positioning is the pillar of management that addresses how the competitive landscape shapes the potential for success or failure.
Step-by-step explanation:
The pillar of management that addresses how the competitive landscape shapes the potential for success or failure is strategic positioning.
Strategic positioning refers to how a company differentiates itself from competitors in the market and positions itself to achieve a competitive advantage. It involves analyzing the market structure and understanding factors such as market power, product similarity, and barriers to entry. By making strategic decisions based on these factors, a company can increase its chances of success in a competitive market.