Which of the following attributes of a competitor is important in strategic planning?

Firms that can employ and establish _________________, are more likely to protect their competitive advantage from being copied

pishuonlain [190]

Firms that can employ and establish isolating mechanisms 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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7 0

2 years ago

Johnson & Coleman has created a new line of premium quality writing desks. The company marketed the product by highlighting

KIM [24]

Answer:

I believe the answer is d

Explanation:

4 0

3 years ago

Explain what a credit report is and list five kinds of information found on a credit report.

vodomira [7]

A credit report is a detailed written document about a person’s credit history. The report contains personal information, anything found in public records, information from collection agencies, information about credit cards or loans, and a list of those who have requested a copy of the report.

Is the answer on edg

9 0

3 years ago

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"helen is a u.s. citizen and cpa, who moved to london, england three years ago to work for a british company. this year, she spe

balu736 [363]

Answer:

Exclusion upto $103,900. Taxable amount is $6100.

Explanation:

US natives, just as changeless occupants, are required to document ostracize expense forms with the government consistently paying little mind to where they dwell.

Alongside the common assessment form for money, numerous individuals are likewise required to present an arrival revealing resources which are held in ledgers in remote nations. Notwithstanding where you live, you should record expat imposes in the US.

3 0

3 years ago

For an organization to obtain a competitive advantage through superior innovation, it should?

Marysya12 [62]

For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should Produce products with technologies that have not been utilized previously.

<h3>What is superior efficiency in competitive advantage?</h3>

Efficiency, quality, innovation, and customer response are the four pillars of competitive advantage. A corporation can charge a greater price and still reduce costs if it is more efficient, produces better quality products, and provides better customer service.

Superior efficiency can only be attained with an organization-wide commitment and the capacity to assure strong coordination between functions. Top management is crucial to this process because of its ability to lead and shape the infrastructure.

An organization's process of reinventing or rethinking its corporate strategy in order to spur business growth, produce value for the firm and its clients, and gain a competitive edge is known as strategic innovation. Organizations need to innovate in this way if they want to keep up with how quickly technology is changing.

A corporation must develop abilities in both basic and applied research, create effective project management procedures, and achieve close integration between its many departments, primarily through the use of cross-functional product development teams, in order to achieve exceptional innovation.

Hence, For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should Produce products with technologies that have not been utilized previously.

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3 0

1 year ago