Essentials of MIS (13th Edition)
Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
bartleby

Concept explainers

Expert Solution & Answer
Book Icon
Chapter 3, Problem 5DQ

Explanation of Solution

Nonexistence of the sustainable competitive advantage:

  • The statement that is given “There is no such thing as a competitive advantage” is considered to be true.
  • A gain that is obatained with the advantage of the competition is called as sustainable competitive advantage.
  • When a product is being developed continuously with the new resources along with the change that is obtained with the market then it is called as sustainable competitive advantage.
  • Maintaing this kind of sustainable advantage in the competition word is difficult to obtain...

Blurred answer
Students have asked these similar questions
General Motors' approach for gaining a competitive edge may be identified and defended using Michael Porter's framework for competitive advantages.
Some businesses are increasingly using soft facilities (including free or inexpensive on-site childcare, gyms, massage rooms, and restaurants) to draw in and keep competent workers. For instance, among other benefits, Google employees are entitled to free lunch and dinner. What are the advantages and disadvantages of these kinds of employee incentives for employers and workers alike? Would you want to work for that firm if they offered you these intangible benefits? What makes you believe that is? What about the use of points, prizes, and other game-like incentives, or gamification?
Suppose you own a travel agency in a large city. You have many corporate clients, but growth has slowed somewhat. Some long-term employees are getting discouraged, but you feel that there might be a way to make technology work in your favor. Use your imagination and do a SWOT analysis: Suggest at least one strength, one weakness, one opportunity, and one threat that your business faces.
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning