Sunday, July 8, 2018

Competitive Advantage Strategies in Business

As explicit earlier, an organization incorporates a sustained competitive advantage once it will maintain higher than industry average profit rate over the variety of years. This becomes doable once the corporate emphasizes on the four generic building blocks of competitive advantage, such as:-

01. Efficiency
02. Quality
03. Innovation and
04. Customer responsiveness.

Full: Competitive Advantage Strategies in Business

Tags:
Competitive Advantage Strategies in Business, competitive advantage in business, competitive advantage in strategic management, competitive advantage examples, list of competitive advantages, types of competitive advantage, how to gain competitive advantage, competitive advantage definition, competitive advantage michael porter