Discuss what are potential sources of competitive advantage for a company? Give examples

Q: Discuss how to use the low cost strategy, response strategy and differentiation strategies to give a…

A: The term "competitive strategy" relates to gaining competitive advantages against rivals. It denotes…

Q: Discuss the two main activities to create competitive advantage?

A: Organizations are global these days. They are trying to gain a competitive advantage over one…

Q: Use Porter’s Five Forces Model to identify key elements of each competitive force that can impact…

A: Porter's - Five Forces model can assist organizations with evaluating industry appeal, what patterns…

Q: Describe the Competitive Strategies and Techniques used for Analyzing Industries and Competitors?

A: As we all know that every organization has its own strategy and competition in the market. So,…

Q: Explain the term Competitive advantage?

A: In almost every market today, all businesses face stiff competition from their business rivals. A…

Q: Define competitive advantage. How do companies go about finding their competitive advantage?

A:

Q: Porter’s competitive strategies

A: Business competitiveness is the ability of organizations to produce goods or services with a…

Q: Explain the sources of competitive advantage for organizations?

A: Competitive advantage is the advantage received by producing the products and services better and…

Q: Compare the evolving company orientations used to adapt to the fast-changing competitive…

A: Organizations may have any from these orientations.   Item orientated:- giving little consideration…

Q: Can you identify the core competencies of your company? Do they currently contribute to a…

A: Every company will have lots of strength and weaknesses based on which it will try to grab the…

Q: Analyze the mission statement of any company on the basis of major competitive sphere

A: Mission Statements -  It is made for short period of time. It will define the aim behind why the…

Q: Considering that you are opening a new business of your own, so to know about the competitive…

A: Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape…

Q: What are the four attributes that seem to affect overall competitiveness and innovation?

A: Competitiveness: Competitiveness is often described as a personality trait. ... People who are…

Q: how does a company maintain competitive advantage?

A: The important aspect of business that helps a company to outperform and gain an advantage over…

Q: five forces that a manager must consider in his strategic choice for competitive advantages as…

A: A competitive advantage is an advantage that allows a company to produce goods or services better or…

Q: Identify the organization’s competitive advantage. I

A: Competitive advantage refers to factors that allow a company to produce goods or services at a low…

Q: Explain why Management has little control over the competitive environment confronting a firm?

A: Management: It is a procedure of doing things with the help of others. It involved managing,…

Q: How has the Internet affected competitiveness?

A: Competitiveness refers to the degree of producing various products by different countries that meets…

Q: Identify and explain three strategic approaches to competitive advantage?

A: Cost leadership: In a cost leadership strategy, firms try to be the lowest-cost producer in the…

Q: what are the 3 dimensions of measuring competitive advantage?

A: Competition has become the new face of business function and survival. Today, all the efforts and…

Q: Why are some organizations facing difficulties to sustain competitive advantage

A: The value proposition is the solution offered by the company on the customer's problem. For this,…

Q: What is the relevance of the resources and capabilities of an organization in enabling competitive…

A: When an organization promotes profits that beat the standard for its industry, the organization is…

Q: Using the right strategy to face the competitive forces may give the company a competitive advantage

A: The statement is:

Q: How do successful firms derive their competitive advantage?

A: A competitive advantage in business is the characteristic that gives consent to a corporation to…

Q: Understand the significance of key success factors and core competencies

A: Introduction: Key success factors are important elements that a company must have to reach target…

Q: What does it mean for a firm to have a competitive advantage? What gives a firm a competitive…

A: Companies use different strategies to be ahead of their competitors and sell products and services…

Q: Describe how strategic knowledge management contributes to the preservation of competitive…

A: Strategic knowledge management (SKM) connects with the cycles and foundations associations use to…

Q: Explain how a company can make use of the Ansoff Matrix to develop a competitive strategy

A: The Ansoff matrix is used to identify the growth opportunities in a business.

Q: Discuss in detail any FIVE factors of competitive advantage:

A: A competitive advantage is a unique skill or capability that enables one company to surpass its…

Q: How difficult is it to createsustainable competitive advantages?

A: Firms can procure sustainable competitive advantage by executing value-creating strategies which not…