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What are the different ways of creating a competitive advantage? Explain with examples
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- Discuss the two main activities to create competitive advantage?Discuss what are potential sources of competitive advantage for a company? Give examplesWhat are the five generic competitive strategies? Briefly describe each one and identify the type of competitive advantage that each strategy is aimed at achieving.
- 1. Discuss what are potential sources of competitive advantage for a company? Give examples 2. Argue is a competitive advantage sustainable? Give examplesIdentify and explain three strategic approaches to competitive advantage?What are the two basic strategy options for creating a competitive advantage?
- Competitive Analysisa. How do you describe your competition, both direct and indirect?what is meant by competitive advantage explain in your own words? What unique quality in your opinion will make your firm have competative advantage? How can this competitive advantage be achieved? How can competitor be kept in check? What attribute will make the product have in competitive advantage explain in points? Part II) how does strategic management assist in gaining competitive advantage what synergy be achieved? What analysis is required in gaining competitive advantage in the industry (your point of view)?What does it mean for a firm to have a competitive advantage? What gives a firm a competitive advantage?