Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.
Isolation mechanisms:
A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.
A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.
If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.
A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.
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Answer:
Total deposit is $39
Explanation:
Given
Required
Determine the total
To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.
i.e.
So:
Answer:
there is no "individual" person or a central authority that dictates the market value of a home, instead, it is influenced by several market conditions and factors such as,
External characteristics: home condition, lot size, popularity of an architectural style, water or sewage systems, sidewalk, paved road and so on.
Internal characteristics: size and number of rooms, construction quality, appliance condition, heating type, energy efficiency and so on.
Supply and demand
Location
Explanation:
<span>A middleman that carries a select group of products within a single line is called a speciality line wholesaler.
A speciality line wholesaler often carries products that are all related to a set industry but ay be fro multiple supplies. These wholesalers carry a limited line of products making it easier to sell/keep track of what they have and serve a decent size audience. </span>
