Management (14th Edition)
Management (14th Edition)
14th Edition
ISBN: 9780134527604
Author: Stephen P. Robbins, Mary A. Coulter
Publisher: PEARSON
Question
Book Icon
Chapter 9, Problem 16DQ
Summary Introduction

To explain:

The competitive advantage that Company Z is pursuing along with the methods the company Z is using to utilize competitive advantage.

Introduction:

Competitive advantages are the situations that allow an organization or a country to produce goods and services having an equal value at a lower price. Such situations allow the production system to produce more sales at superior margins as compared to its competitors.

The competitive advantage that the company Z is pursuing is their beliefs in fast fashion, which means company Z change their product’s design according to the new trends and the demand of the customers. Competitive advantagesare what makesthe company different from others.

Blurred answer
Students have asked these similar questions
How do you plan to differentiate yourself from the competition?  What will your strategy be?
Critically examine any 12 Grand Strategies in terms of their characteristics, advantages and disadvantages.
Are strategies static or dynamic? What are the forces that lead to this result?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College