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Sidana [21]
3 years ago
14

XYZ printing is building a dominant position as the low-cost leader in the 3D printer market. Three resources the firm can draw

on to build a sustainable advantage are(1) an efficient supply chains and manufacturing system, (2) internal control systems to minimize cost, and (3) competencies in the R&D of electronic products. This set of competencies will make it harder for later movers to imitate. This is an example of using ________ conditions to build protection in the 3D printing market.
Business
1 answer:
Margarita [4]3 years ago
4 0

Answer:

Favorable market condition

Explanation:

Favorable market conditions are business friendly environment that aids the start , growth and profitability of business.

Its major advantage is that it gives an edge over competitors and new entrants .

The major principles of identifying favorable market conditions are market definition , market size and growth rate , identifying and analyzing competitors , analyzing market channels and running a PEST analysis.

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Viktor [21]

Answer:

The correct answer is competitive inertia.

Explanation:

In physics the principle of inertia is studied, which is explained as "Every body that is not subjected to any force will remain at rest" or also as "The resistance of the bodies to change their state of rest or movement without the intervention of any strength". These concepts fit perfectly into the world of organizations, since these bodies can be seen as a team of people who interact with each other (work team), towards a common vision.

Competitive inertia refers to the tendency of companies to remain at rest or to continue moving in a certain strategic line unless stimulated by some external force.

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