Marketing
20th Edition
ISBN: 9780357033791
Author: Pride, William M
Publisher: South Western Educational Publishing
expand_more
expand_more
format_list_bulleted
Question
Chapter 2, Problem 6DRQ
Summary Introduction
To discuss: How a firm could make its competitive advantages sustainable for a longer period and how complex is it to develop a sustainable competitive advantages.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
How can an organization make its competitive advantages sustainable over time?
How do strategies help firms in gaining a sustainable competitive advantage?
Do you believe that strategic advantages obtained by the effective use of IT are
sustainable? Why or why not?
Knowledge Booster
Similar questions
- Are sustainable strategies likely to provide greater profitability for Unilever compared to conventional approaches?Explain your answer?arrow_forwardWhy are some organizations facing difficulties to sustain competitive advantage?arrow_forwardShould a business stick to its competitive strategy all throughout its life cycle?arrow_forward
- In terms of environmental factors and risks, what type of strategies would provide value to the outcome a company?arrow_forwardWhat strategy should a business manager follow to increase the competitiveness of his business?arrow_forwardWhat role does competitive analysis play in developing a successful business model?arrow_forward
- What characteristics help companies gain competitive advantage in the marketplace?Does every company acquire a competitive advantage?arrow_forwardWhy will we assess any business model, and how will we view our business solution that will deliver actionable business insights?arrow_forwardW hat strategies should businesses employ to align their sales and marketing teams, ensuring they work together seamlessly to achieve common goals and drive revenue growth?arrow_forward
- how is competitive advantage different from competitive parity?arrow_forwardAll companies want to have growth, but growth is not all the same in terms of its lasting effects. To get started this week, read the article in Forbes, 13 Factors to Ensure Sustainable Business Growth Links to an external site.. After you read the article, choose a company that you are interested in or would like to work for one day. Assess the company and suggest two growth strategies you would recommend for the company and explain why you have made these recommendations. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/06/08/13-factors-to-ensure-sustainable-business-growth/?sh=7aa2c6975279arrow_forwardWhat are the key considerations and strategic trade-offs for businesses when developing a policy on corporate social responsibility (CSR) and sustainability initiatives, while simultaneously maintaining profitability and shareholder value?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational PublishingFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning