Is Competitive Advantage Really sustainable

Assignment 1 - Several Scholars argue that the sustainability of warlike helper is really a myth in this highly chaotic environment. To sustain private-enterprise(a) advantage a firms structure, systems, and resources need to be infinitely adaptive to the changing external environment. Using real throw history examples and critically evaluating divers(a) competitive advantage theories how can companies begin and sustain competitive advantage in this turbulent environment. utilise real life examples to support your arguments. Noteworthy quotations in context of use of assignment: additionability is a necessary condition for founding and a means to to a greater extent all-important(prenominal) ends, scarce it is not the end in itself for umteen prophet 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, built To Last, 1994) The key to investing is not quantifying how much an intentness is button to affect society, or how much it will grow, but kind of determining the competitive advantage of any stipulation partnership and, above all, the durability of that advantage (Warren Buffett, 1999) Competitive advantage is to be found in managements ability to consolidate technology and work 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 gelt there is no business to sustain (Porter 1985) Introduction: To quantify wheth er competitive advantage is sustainable in t! odays business environments, I believe we must first frame a commentary with which to base our analysis. Michael Porter has described competitive advantage as a profitable and sustainable position against the forces that determine exertion 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 copious essay, order it on our website: BestEssayCheap.com

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