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Typically a firm can obtain a competitive advantage by two ways : Either a cost advantage ( meaning selling a product at a lower cost) or by a differentiation strategy (meaning having features and capabilities that are unique and can therefore be charged at a slightly higher price) . Its quite straight forward to see what stuck in the middle means now .
A firm stuck in the middle is one that tries to implement both strategies i.e a low cost and a unique feature . Creation of this unique feature is of a cost to the company and therefore such a company will lose profitability.
The theory was first proposed by Michael Porter .
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∙ 15y ago
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Dominos fast food firm is a monopolistic firm or not?
it is not a monopoly firm
A firm can achieve equilibrium when its?
a firm can achieve equilibrium when its?
Is the growth of a firm advantageous for both the firm and the consumers?
yes
What is optimum firm?
An optimum firm s one that has favorable working conditions. This is a firm that has created a conducive work environment.
What is the equilibrium of a firm?
The equilibrium of a firm depends with the elasticity of a demand curve.
What songs have the word stuck in them?
Stuck in the middle with you...
In which year was the song Stuck in the Middle written?
While Stuck in the Middle is the more popular title, the song is actually named Stuck in the Middle with You and was released in 1972 by the band Stealers Wheel.
When was Stuck in the Middle - Clea song - created?
Stuck in the Middle - Clea song - was created on 2004-02-16.
What is on the flip side of the single by stealer's wheel stuck in the middle with you?
the flipside of stuck in the middle with you was an instrumental called jose.
What do you do when you're stuck in the middle of an essay?
delete the sentence that got you stuck and go from there
What is a conversation sandwich?
When you are stuck in the middle of a conversation
When a bus gets stuck in the middle of a busy street?
When a bus gets stuck in the middle of a busy street, traffic can be tied up and drivers can get agitated.
What is Stonelaw Middle School's motto?
The motto of Stonelaw Middle School is 'Educating to ensure a firm foundation'.
Why were the middle colonies?
Because the upper and lower colonies got a divorce and the child was stuck in the middle.
Who sings clowns to the left of me jokers to the right here I am stuck in the middle with you?
Stealers wheel written and performed "stuck in the middle with you".
Is it right to takes sides when your are both arguing and your stuck in the middle?
No
Who sings Jokers to the left of you.?
Stuck in the Middle with You-Stealer's Wheel
