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fomenos
1 year ago
5

why would a firm currently experiencing competitive parity be able to gainsustained competitive advantages by studying another f

irm that is currently experiencing sustained competitive advantages
Business
1 answer:
scZoUnD [109]1 year ago
7 0

To learn how to exploit its own valuable/rare resources  would a firm currently experiencing competitive parity be able to gain sustained competitive.

In order for a company to maintain a lasting competitive edge, it must have control over a group of exploit resources that meet four essential criteria. These resources need to be: (1) priceless; (2) uncommon; (3) imperfectly imitable (hard to replicate); and (4) non-replaceable. A business offers the goods and services that customers want by utilizing its resources and capabilities. It creates a cost or differentiation advantage when a company employs them properly to make a product at the lowest cost and with more features.

To learn more about competitive, click here.

brainly.com/question/13686157

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