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To mention to the concept of competitive advantage, it is appropriate to start by distinguishing causes, characteristics and consequences. As it described “The causes: an appropriate application of the core competencies possessed by the enterprise and an appropriate positioning of the enterprise in the relevant industries or market segments. Characteristic: the ability to provide utility, or to satisfy, customers better than competitor can. Consequence: the ability to win market share or make higher profit than competitors” (White, p.269). A simply understanding. when a firm sustains profits that exceed the average for its industry, the firm is said to possess a competitive advantage over its rivals...
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Common topics in this essay:
- Summary from strategic advantage
- issues in strategic management
- MBA-580 COMPETITIVE STRATEGIC ADVANTAGE
- Marketing Management ( Report for Simply Mexican .
- Strategic Management; Gaining and sustaining competitive advantage at hewlett packard
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- Trace The Development Of Strategic Human Resource Management From The Resource Based View Of The Firm. How Does The Resource Based View Of The Firm Facilitate And Inhibit The Actual Practice Of Strategic Human Resource Management.
- What is the relevance of the research-based view of the firm to strategic management in a global environment?
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