Today, achieving competitive advantage for businesses relies on making the right strategic choices. The strategy aims to control changes in a competitive economic environment by fostering innovation, progress, and alignment with the environment. Over the past 50 years, there has been increasing interest...
The Advances in Business Strategy and Competitive Advantage (ABSCA) Book Series is a timely series responding to the high demand for state-of-the-art research on how business strategies are created, implemented and re-designed to meet the demands of globalized competitive markets. With a focus ...
根据Porter的竞争优势(Competitive Advantage)模型,竞争性战略采取进攻性或防守型行动,为企业谋求在行业内的防御地位,从而成功应对各种竞争力量,并为企业赢得超额Return on Investment[投资回报]。 根据Michael Porter,这种行业水准之上的绩效表现就是企业可持续的竞争优势的基础。 竞争优势基本战略类型 成本领先战略(Cost Le...
Strategy questions: #7. Can I innovate my business model? That’s the final strategy question to find sustainable competitive advantage. A business model is a fancy word for the combination of choices you have made in your activities – your value chain – to bring your value proposition to ...
Cybersecurity plays a critical role in maintaining a competitive advantage in the digital age by safeguarding sensitive information, protecting customer trust, and ensuring uninterrupted business operations. A robust cybersecurity strategy shields a company from cyber threats, data breaches, and reputational...
A firm is said to have a "sustainable" competitive advantage when its competitors are unable to duplicate the benefits of the firm's strategy. In order for a firm to attain a "sustainable" competitive advantage, its generic strategy must be grounded in an attribute that meets four criteria. ...
Competitive Advantage of Business Strategy COMPETITIVEADVANTAGEOF BUSINESSSTRATEGYWorld trade is growing faster than world GDP – this is a key consequence of globalization. Trade barriers are being reduced and protectionist policies are no longer acceptable to the many countries that believe in the free...
Types of competitive advantageCost leadership Differentiation FocusCompetitive advantages come in various forms, each of which can help you establish a stronghold in your marketplace. Here are a few to consider:Cost leadershipA cost leadership strategy focuses on being the industry’s lowest-cost ...
Sustainability, corporate social responsibility, and performance in the Spanish wine sector 2021, Sustainability (Switzerland) Antecedents and consequences of innovation and business strategy on performance and competitive advantage of SMEs 2020, Journal of Asian Finance, Economics and Business View all citin...