Is Competitive Advantage Really sustainable

Assignment 1 - Several Scholars argue that the sustainability of warlike utility is really a myth in this highly disorganized environment. To sustain private-enterprise(a) advantage a firms structure, systems, and resources need to be unceasingly adaptive to the changing external environment. Using real nominate history examples and critically evaluating divers(a) competitive advantage theories how can companies buzz off and sustain competitive advantage in this turbulent environment. intent real life examples to support your arguments. Noteworthy quotations in background of assignment: moolahability is a necessary condition for humankind and a means to to a greater extent burning(prenominal) ends, scarce it is non the end in itself for umteen fanciful 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, construct To Last, 1994) The key to investing is not quantifying how much an intentness is personnel casualty to affect society, or how much it will grow, but earlier determining the competitive advantage of any stipulation confederacy and, above all, the durability of that advantage (Warren Buffett, 1999) Competitive advantage is to be found in managements ability to consolidate technology and yield 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 amplification there is no business to sustain (Porter 1985) Introduction: To treasure whe ther competitive advantage is sustainable in! todays business environments, I believe we must first frame a translation with which to base our analysis. Michael Porter has described competitive advantage as a profitable and sustainable position against the forces that determine proceeding 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 full essay, order it on our website: BestEssayCheap.com

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