Introduction Throughout the global industry, many organizations aim to achiev competitive advantage over their competitors. Competitive advantage refer distinct qualities that allow organizations to produce better quality good services than their competitors. In other words, it is when a comp outperforms its competition. A competitive advantage is a significant to the global industry because it enables a company to be uniquely distinc from its rivals. Therefore, businesses lacking competitive advantage o struggle in the market. Organizations must implement new strateg competencies, and technologies to remain competitive within the gl market.
Introduction Throughout the global industry, many organizations aim to achiev competitive advantage over their competitors. Competitive advantage refer distinct qualities that allow organizations to produce better quality good services than their competitors. In other words, it is when a comp outperforms its competition. A competitive advantage is a significant to the global industry because it enables a company to be uniquely distinc from its rivals. Therefore, businesses lacking competitive advantage o struggle in the market. Organizations must implement new strateg competencies, and technologies to remain competitive within the gl market.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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