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i would say that their competitive advantage is that they sell in bulk and often offer a better price per unit, so more people want to buy there. Also, i think that they make alot of their money on membership fees each year. another thing that Costco does is have free samples just about every day of the week. i think that this draws in customers and often times, gets consumers to buy more products (at least i know that this is the case for me)
What else can I help you with?
How do E-business and IT help organizations in achieving sustainable competitive advantage?
e-business and IT help organizations in achieving sustainable competitive advantage?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
What are the sources of the firm's market power?
The source of a firm's market power is its competitive advantage. When a business has a competitive advantage they can use that to make significant changes in the industry.
How companies differentiate and position their product for maximum competitive advantage?
the companies differentiate and position their products as a competitive advantage through products,product packing,pricing,after sales services.
What is the difference between core competency and competitive advantage?
core competence is one which critically underpins the organisation's competitive advantage. Companies can differentiate themselves from their competitors with specific core competencies, but often not for long. The differentiation is difficult to sustain and can often be imitated by competitors. Whilst a core competence is a source of competitive advantage, not all competitive advantages arise from core competencies.
Where does competitive advantage come from?
Competitive advantage can come from products, employees and operations. When a firm has a competitive advantage, they are able to operate as a leader within their industry.
What is the Competitive advantage of GM?
Differentiation advantage
What does competitive advantage mean and what is one means of identifying?
A competitive advantage is something that allows one company to outperform competitors. One way to identify a competitive advantage is comparing profits. If one competitor has higher average profits, then it has some kind of competitive advantage.
How many Costcos are there?
560
What is mean by fit drives both competitive advantage and sustainability?
fit drives both competitive advantage and sustainability?
What does competitive advantage have to do with strategic planning?
Competitive Advantage is vital to Strategic planning. Strategic planning identifies strengths and weaknesses and visions and missions for the future. Competitive advantage relys on the benefits of the companies strengths and act upon them to turn them into competitive advantage. Other firms can't duplicate strategy or competivness that they don't have.
How do E-business and IT help organizations in achieving sustainable competitive advantage?
e-business and IT help organizations in achieving sustainable competitive advantage?
Where are the Costcos in North Dakota?
There are currently no Costcos in ND, however plans have been announced to open one in West Fargo on November 1, 2012.
What is Pepsi's competitive advantage?
According to statistics, in 2010, Pepsi had 11.5% of the global soft drink market.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
What are the sources of the firm's market power?
The source of a firm's market power is its competitive advantage. When a business has a competitive advantage they can use that to make significant changes in the industry.
What does competitive advantage have to do with business process analysis?
Examining your business processes to ensure that they are efficient will help you get a competitive edge. The faster your machines are able to produce products, the faster consumers will have them; this gives the business a competitive advantage.
