Creating Competitive advantage: three basic ways?
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- 2B 2.2: Competitive Advantage a. what is the focus business strategy? b. State 3 reasons why the focus business strategy aids with competitive advantage.short answer What are the three primary strategies for achieving competitive advantage?Discuss the two main activities to create competitive advantage?
- 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?Q2b. Competitive Advantage a. What is an operational business strategy? b. State 3 reasons why the operational business strategy aids with competitive advantage.Explain the term dramatic competitive edge.