Industrial espionage is a kind of technology transfer. claims the very DNA of Google is being drained by China, and that the United States will lose its competitive advantages with respect to China. Do you agree or disagree? Why? How else is technology transferred? Is it possible to stop technology transfer of any kind?
INTRODUCTION:
In business, a quality that helps a company outperform its competitors is known as a competitive advantage. An organization may have a competitive advantage if it has access to natural resources like inexpensive energy or high-grade minerals. It may also follow from the acquisition of unique skills, like a patent or a trade secret.
A corporation must first comprehend the nature of its industry and the elements that influence success in that industry in order to develop a competitive edge. The business can build a plan for gaining a competitive edge once these elements are identified. Based on the company's advantages and disadvantages compared to rivals, this strategy will be implemented.
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