• In business, a competitive advantage is an attribute that allows an organization to outperform its competitors. A competitive advantage may include access...
    22 KB (2,790 words) - 16:25, 1 August 2024
  • exploit to achieve sustainable competitive advantage. Barney's 1991 article "Firm Resources and Sustained Competitive Advantage" is widely cited as a pivotal...
    23 KB (2,747 words) - 16:07, 24 May 2024
  • the competitive advantage in order to gain competitive parity (firms that create the same economic value as their rivals experience competitive parity)...
    11 KB (1,536 words) - 11:30, 5 June 2024
  • Thumbnail for SWOT analysis
    information for each category to make the tool useful and identify their competitive advantage. SWOT has been described as a tried-and-true tool of strategic analysis...
    46 KB (4,811 words) - 10:33, 19 August 2024
  • Thumbnail for Michael Porter
    organization can achieve competitive advantage over its rivals: cost advantage and differentiation advantage. Cost advantage is when a business provides...
    28 KB (3,124 words) - 17:55, 17 August 2024
  • Thumbnail for Porter's five forces analysis
    the competitive environment of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity...
    24 KB (3,150 words) - 05:23, 19 August 2024
  • Porter's generic strategies describe how a company pursues competitive advantage across its chosen market scope. There are three/four generic strategies...
    22 KB (3,186 words) - 17:19, 1 May 2024
  • strategy by Richard D’Aveni, describes a dynamic competitive world in which no action or advantage can be sustained for long. Hypercompetition is a key...
    36 KB (4,586 words) - 11:45, 15 January 2024
  • argument structure in competitive debate Mechanical advantage, in engineering, the ratio of output force to input force on a system Advantage of terrain, in...
    2 KB (294 words) - 07:41, 7 September 2023
  • undertaken by an organization to increase its sales and achieve competitive advantage. Strategic marketing emerged in the 1970s and 1980s as a distinct...
    81 KB (9,055 words) - 09:04, 12 August 2024
  • Thumbnail for Sex verification in sports
    competing in the male category because there is generally no perceived competitive advantage for a female or intersex athlete to compete in male categories....
    74 KB (8,164 words) - 07:34, 18 August 2024
  • Thumbnail for Strategic management
    questions: Will the proposed competitive advantage create Perceived Differential Value?" Will the proposed competitive advantage create something that is...
    117 KB (14,924 words) - 10:27, 26 July 2024
  • Thumbnail for Nicholas G. Carr
    book Does IT Matter? Information Technology and the Corrosion of Competitive Advantage (Harvard Business School Press). In these widely discussed works...
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  • knowledge of rivals offers a legitimate source of competitive advantage. The raw material of competitive advantage consists of offering superior customer value...
    13 KB (1,401 words) - 06:10, 23 May 2024
  • Diamond or the Porter Diamond Theory of National Advantage, describes a nation's competitive advantage in the international market. In this model, four...
    10 KB (1,306 words) - 00:34, 15 June 2024
  • advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables...
    21 KB (2,900 words) - 01:51, 17 August 2024
  • Competitive intelligence (CI) is the process and forward-looking practices used in producing knowledge about the competitive environment to improve organizational...
    28 KB (3,363 words) - 00:59, 14 August 2024
  • battleground for competitive advantage"(Roland, L. 2013). With multiple sale strategies being enforced at once in order gain competitive advantage over rivals...
    17 KB (2,407 words) - 04:41, 1 January 2024
  • industry cluster, competitive cluster, or Porterian cluster, was introduced and popularized by Michael Porter in The Competitive Advantage of Nations (1990)...
    24 KB (2,975 words) - 11:48, 4 April 2024
  • Thumbnail for Network effect
    payment industry through the network effect of credit cards as its competitive advantage. Till 2016, Visa's credit card market share has risen from a quarter...
    52 KB (6,287 words) - 19:17, 17 August 2024
  • Thumbnail for Enterprise resource planning
    competitive advantage. While this has happened, losses in one area are often offset by gains in other areas, increasing overall competitive advantage...
    75 KB (8,890 words) - 12:12, 13 August 2024
  • most profitable for the business. Positioning proposes distinctive competitive advantages for each segment. Whereas market segmentation is the act of dividing...
    11 KB (1,347 words) - 18:09, 10 June 2024
  • was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance. The idea of [Porter's...
    18 KB (1,964 words) - 15:20, 1 May 2024
  • Thumbnail for Competition (economics)
    of suppliers, buyers and even competitors that help them to gain competitive advantages in the sale of its products and services. While arms-length market...
    68 KB (8,396 words) - 07:26, 9 May 2024
  • Thumbnail for Knowledge transfer
    creating a sustainable competitive advantage. The resource-based view (RBV) emphasizes knowledge as a main source of competitive advantage. Knowledge transfer...
    67 KB (8,253 words) - 09:34, 18 August 2024
  • of strategic competitiveness. Due to the hypercompetition of the environment, the traditional sources of getting competitive advantage does not represent...
    8 KB (924 words) - 11:56, 18 June 2024
  • Thumbnail for Zillennials
    Kind of Diversity: Making the Different Generations on Your Team a Competitive Advantage. Simon and Schuster. ISBN 9798887100012. Retrieved 7 August 2023...
    26 KB (2,504 words) - 20:06, 16 August 2024
  • Export (section Advantages)
    Economy. Businesses export goods and services where they have a competitive advantage. This means they are better than any other country at providing...
    15 KB (1,616 words) - 07:25, 29 December 2023
  • Thumbnail for Stakeholder approach
    implementation of this approach can reinforce the firm values and create competitive advantage. However, it has been criticized for overvaluing stakeholders and...
    7 KB (803 words) - 18:58, 5 July 2022
  • its brand, growth expectations, and profitability to maintain a competitive advantage and adequate reputation among other brands. To reduce the risk of...
    12 KB (1,278 words) - 10:41, 29 July 2024