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How can a firm simultaneously build and defend a competitive position?
Wiki User
∙ 9y ago
The best way to build and defend a competitive position is to ensure that the strategy of the business is kept secret. To do this, management must strategically create products and services that align, yet don't give too much information about the strategy to their competitors.
Wiki User
∙ 9y ago
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What is the connection between a company's strategy and its quest for sustainable competitive advantage?
The central thrust of a company's strategy is undertaking moves to build and strengthen the company's long-term competitive position and financial performance by competing differentlyfrom rivals and gaining a sustainable competitive advantage over them.
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