Crafting & Executing Strategy: Concepts (standalone Book), 22nd Edition
22nd Edition
ISBN: 9781260157376
Author: Arthur A. Thompson
Publisher: McGraw Hill Education
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Chapter 1, Problem 2LO
Summary Introduction
To explain: Sustainable competitive advantage.
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Chapter 1 Solutions
Crafting & Executing Strategy: Concepts (standalone Book), 22nd Edition
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- Define sustainable competitive advantage? name a company that achieved a sustainable competitive advantages? identify their advantage . describe how that company maintains its advantage ?arrow_forwardWhat are Ashley Stewart’s bases for sustainable competitive advantage?arrow_forwardExplain with an example how sustainable marketers can overcome the performance barrier to better position their products in the market.arrow_forward
- Why is it critical to achieve lasting or sustainable competitive advantage? What happens when a firm's competitive advantage is not sustainable? Can physical product advantages, technology advantages or cost of manufacturing efficiencies be a source of competitive advantage? Sustainable competitive advantage?arrow_forwardA company achieves sustainable competitive advantage when: Answer D) its strategy and its business model are well-matched and in sync. C) it is consistently able to achieve both its strategic and financial objectives. B) it has a profitable business model. A) an attractive number of buyers have a lasting preference for its products or services as compared to the offerings of competitors.arrow_forwardWhat are the key value creating activities that provide competitive advantages and why?arrow_forward
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