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Q: When is a companys competitive advantage most likely to endure over time?
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Which area do you believe contributes most to helping a company gain a competitive advantage?

Price, service and location can contribute to a company's competitive edge. Sometimes, one of the above elements is enough but should be weighed against other factors. A price that's low in comparison to XYZ Mart gives a business an advantage. Many people will go out of their way to find a bargain. A company's service is like a business card. It represents you, your business. A company with quicker service and good results could have a competitive edge. A company that's easily accessed has a competitive edge. People are likely to do business where there's no hassle getting to and from a location. Still, all elements have to be looked at in totality.


What are the organizational capabilities?

Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.


What are organizational capabilities?

Capabilities are more likely source of competitive advantage, especially relatively sustainable ones. A key reason for this is that the organization's nurturing and support of core competencies that are based on capabilities is less visible to rival and as such is harder to understand adn imitate. Only when a capability is Valuable,Rare,Costly to imitate and Non-Substitutable is a core competence and is a source of competitive advantages.


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