What is the relevance of the resources and capabilities of an organization in enabling competitive advantage?

Q: What are the two basic strategy options for creating a competitive advantage?

A: The competitive strategy provides an area for the organization to become efficient in and sustain it…

Q: What are the main strengths and weaknesses of each of the competitive strategies: home replication,…

A: All these strategies help a company in gaining a competitive advantage in the market. All of them…

Q: Explain the term Competitive advantage?

A: In almost every market today, all businesses face stiff competition from their business rivals. A…

Q: What strategy should a business manager follow to increase the competitiveness of his business?

A: Competitive advantage refers to an attribute that can make a company outperform its competitors by…

Q: What is competitive advantage?

A: Competitive advantage is any trait of the company which outperforms its competitors or rivals in the…

Q: Why is it important for a business to analyze the competition?

A: Competitive analysis can be stated as the strategy that generally refers to the searching about the…

Q: Define competitive advantage. How do companies go about finding their competitive advantage?

A:

Q: Competitive strategy aims to establish a profitable and sustainable position against the forces that…

A: The five basic competitive strategies pursued by organizations in order to create sustainable…

Q: Explain the sources of competitive advantage for organizations?

A: Competitive advantage is the advantage received by producing the products and services better and…

Q: Compare the evolving company orientations used to adapt to the fast-changing competitive…

A: Organizations may have any from these orientations.   Item orientated:- giving little consideration…

Q: Can you identify the core competencies of your company? Do they currently contribute to a…

A: Every company will have lots of strength and weaknesses based on which it will try to grab the…

Q: How can organization leverage on knowledge management to attain and sustain competitive advantage

A: Knowledge management is a collection of ways for developing, distributing, utilising, and managing…

Q: Which technologies, competencies, and skills are required to gain a competitive advantage?

A: Introduction:- Businesses' organizational effectiveness based on understanding and abilities has…

Q: Explain the two elements or basis used to determine the extent of competition from another company…

A: Competition in the market refers to the situation where the companies are the rivals of each other…

Q: how does a company maintain competitive advantage?

A: The important aspect of business that helps a company to outperform and gain an advantage over…

Q: How can an organization make its competitive advantages sustainable over time?

A: Market competition is highly evitable in the market for the purpose of achivement of more sales and…

Q: How can a firm best achieve sustained competitive advantage?

A: For any company, its growth in the market place is very important and gaining their market share…

Q: Should a business stick to its competitive strategy all throughout its life cycle?

A: Business strategies define the pathways that comprise action plans and decisions to reach objectives…

Q: Identify the organization’s competitive advantage. I

A: Competitive advantage refers to factors that allow a company to produce goods or services at a low…

Q: What are the primary factors that shape competition in an industry, according to Porter’s model?

A: The SWOT analysis, the PEST analysis and the Porter's Five forces model are the three most commonly…

Q: In any business, how is competitive advantage best sustained?  How can rivals chip away at a…

A: Competitive Advantage -  It is the advantages which are provided to the competitors of the business…

Q: What are Competitive Dimensions?

A: Competitive dimensions are the features that differentiate a company from its competitors or…

Q: Can competitive strategies be sustained? Why or why not?

A: Competitive strategy work in a long-duration organization's plan to maintain their market status and…

Q: Using the right strategy to face the competitive forces may give the company a competitive advantage

A: The statement is:

Q: Which are the three types of competitive advantage?

A: In business, competition is one of the major problems that entrepreneurs face when trying to make a…

Q: The three strategic approaches to competitive advantage are____, ____, and _____.

A: The strategic approaches are the ways through which a firm makes itself unique in the market so that…

Q: How do successful firms derive their competitive advantage?

A: A competitive advantage in business is the characteristic that gives consent to a corporation to…

Q: Discuss what are potential sources of competitive advantage for a company? Give examples

A: Competition in business is no exception, and it can make or break your organization. While it's…

Q: Describe how strategic knowledge management contributes to the preservation of competitive…

A: Strategic knowledge management (SKM) connects with the cycles and foundations associations use to…

Q: How difficult is it to createsustainable competitive advantages?

A: Firms can procure sustainable competitive advantage by executing value-creating strategies which not…