Types of competitive advantage
[DOC File]Generic Strategy: Types of Competitive Advantage
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The logic behind linking cost leadership strategy to competitive advantage is the fact that competitive advantage can be divided into two basic types: lower cost than rivals, or the ability to differentiate and command a premium price that exceeds the extra cost of doing so. (Porter, 1991). Delivery
[DOC File]Gaining the competitive advantage
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From Competitive Advantage to Added Profitability and Gains in Shareholder Value: Armed with the competitive advantages that come from economies of scope and the capture of other strategic fit benefits, a company with a portfolio of related businesses is poised to achieve a 1+1=3 financial performance and the hoped for gains in shareholder value.
[DOC File]Organizational culture as a source of competitive advantage
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What types of resources should we evaluate (e.g., what types of resources lead to a competitive advantage)? 1) tangible resources, 2) intangible resources, 3) organizational capabilities. Tangible Resources Financial Firm’s cash and cash equivalents. Firm’s capacity to raise equity. Firm’s borrowing capacity Physical Modern plant and ...
[DOC File]Chapter 7: Acquisition and Restructuring Strategies
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An “Organizational conflict of interest” exists when the nature of the work to be performed under a proposed ordering activity contract, without some restriction on ordering activities by the Contractor and its affiliates, may either (i) result in an unfair competitive advantage to the Contractor or …
[DOC File]Lecture 9
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achieving competitive advantage. Culture of cooperation must modify, through learning, organizational guidelines and attitudes to assist to gain advantage. One of the limitations of this study is the fact of other variables such as organizational structure, leadership and strategy which affect learning.
[DOC File]Applying the VRIO Framework
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Competitive Advantage. Doing things better than your competitors, charging less for superior products, and responding to customers and suppliers in real time all add up to higher sales and higher profits that your competitors cannot match. Toyota and Wal-Mart are prime examples of how companies use information systems and technologies to ...
Competitive Advantage - Definition, Types, Examples & Strategies
Value is what buyers are willing to pay, and superior value stems from offering lower prices than competitors for equivalent benefits or providing unique benefits that more than offset a higher price. There are two basic types of competitive advantage: cost leadership and differentiation. -- Michael Porter, Competitive Advantage, 1985, p.3
[DOC File]Global Marketing, 6e (Keegan/Green)
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Four types: Complementary strategic alliances: Business-level alliances in which firms share some of their resources and capabilities in complementary ways to develop competitive advantages. Vertical: Firms share their resources and capabilities from different stages of the value chain to create competitive advantage
[DOCX File]Study Guide - Furman University
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15) Michael Porter's generic strategy framework is derived from the basic types of competitive advantage and the scope of the target market served. Answer: TRUE. Diff: 2 Page Ref: 490. AACSB: Reflective Thinking. 16) Cost leadership advantage is based on a firm's position as the industry's low-cost leader in a broad market. Answer: TRUE
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