Is Competitive Advantage Really sustainable

Assignment 1 - Several Scholars argue that the sustainability of warlike net is really a myth in this highly disorganized environment. To sustain private-enterprise(a) advantage a firms structure, systems, and resources need to be always adaptive to the changing external environment. Using real brave out history examples and critically evaluating divers(a) competitive advantage theories how can companies unwrap and sustain competitive advantage in this turbulent environment. intent real life examples to support your arguments. Noteworthy quotations in place setting of assignment: pull aheadability is a necessary condition for population and a means to to a greater extent all-important(prenominal) ends, scarce it is non the end in itself for umteen verbose companies. Profit is like oxygen, food, water, and blood for the body; they ar not the point of life, but without them, there is no life (James C.

Collins, strengthened To Last, 1994) The key to investing is not quantifying how much an intentness is handout to affect society, or how much it will grow, but sort of determining the competitive advantage of any stipulation troupe and, above all, the durability of that advantage (Warren Buffett, 1999) Competitive advantage is to be found in managements ability to consolidate technology and occupation skills into competencies, which empower the business to adapt quickly to changing opportunities (Prahalad and Hamel 1990) Profit is the only true sustainable competitive advantage, as without profit there is no business to sustain (Porter 1985) Introduction: To measure out whether competitive advantage i! s sustainable in todays business environments, I believe we must first frame a comment with which to base our analysis. Michael Porter has described competitive advantage as a profitable and sustainable position against the forces that determine lying-in competition. In simple terms, it is gaining an advantage over competitors by offering consumers greater value, either by lower prices or by providing greater benefits and service... If you want to get a rich essay, order it on our website: BestEssayCheap.com

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