Is Competitive Advantage Really sustainable

Assignment 1 - Several Scholars argue that the sustainability of warlike utility is really a myth in this highly disorganised environment. To sustain private-enterprise(a) advantage a firms structure, systems, and resources need to be interminably adaptive to the changing external environment. Using real confirm history examples and critically evaluating divers(a) competitive advantage theories how can companies wax and sustain competitive advantage in this turbulent environment. call real life examples to support your arguments. Noteworthy quotations in linguistic context of assignment: earnability is a necessary condition for existence and a means to to a greater extent grave ends, scarce it is non the end in itself for umteen chimerical companies. Profit is like oxygen, food, water, and blood for the body; they ar not the point of life, but without them, there is no life (James C.

Collins, built To Last, 1994) The key to investing is not quantifying how much an intentness is divergence to affect society, or how much it will grow, but rather determining the competitive advantage of any stipulation society and, above all, the durability of that advantage (Warren Buffett, 1999) Competitive advantage is to be found in managements ability to consolidate technology and output skills into competencies, which empower the business to adapt quickly to changing opportunities (Prahalad and Hamel 1990) Profit is the only true sustainable competitive advantage, as without moolah there is no business to sustain (Porter 1985) Introduction: To task whether competitive advanta ge is sustainable in todays business environ! ments, I believe we must first frame a definition with which to base our analysis. Michael Porter has described competitive advantage as a profitable and sustainable position against the forces that determine doing competition. In simple terms, it is gaining an advantage over competitors by offering consumers greater value, either by lower prices or by providing greater benefits and service... If you want to get a sufficient essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper