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New Belgium's Competitive Advantage To The Companies

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I believe New Belgium’s focus on social responsibility provides key competitive advantage to the company. According to Dave Kemp, New Belgium environmental concern and social responsibility give it a competitive advantage because consumer want to believe and feel good about the product they purchase (Ferrell & Fraedrich, 2010). The consumers want to be part of the environmental and social cause. They are equally concern about environmental issues thus supporting the companies that promote sustainable growth. In 2013, New Belgium generated $190 million in revenue (Eng, 2014). Which is a skyrocket number, as it grew 18 percent in 2013 in craft beer market (Khan, 2015). It is clear that the result of growing market comes from encouraging sustainability

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