The best way that a company can create a competitive advantage would be to differ in what services they provide compared to similar companies. This gives them an edge and will draw in more customers by having this advantage.
This question is not precise enough. What is a competitive advantage in marketing? Economies of scale? Getting the right message across that captures the customer?
the companies differentiate and position their products as a competitive advantage through products,product packing,pricing,after sales services.
it can't.
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
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.
Differentiation advantage
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.
fit drives both competitive advantage and sustainability?
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.
The Marriott senior discount offers a reduced rate for guests who are 62 years or older. Seniors can take advantage of this discount by booking directly through the Marriott website or by calling the hotel directly and mentioning their eligibility for the senior discount. Proof of age may be required at check-in.
e-business and IT help organizations in achieving sustainable competitive advantage?
The Marriott senior discount offers a reduced rate for guests who are 62 years or older. Seniors can take advantage of this offer by booking directly through the Marriott website or by calling the hotel directly and mentioning their eligibility for the senior discount. Proof of age may be required at check-in.
Marriott offers a senior discount for guests aged 62 and older at participating hotels. Seniors can take advantage of this discount by booking directly through Marriott's website or by calling their reservations line and mentioning the senior discount. Proof of age may be required at check-in.
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 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.