Looking Inside for Competitive Advantage<Tab/>
Title: Looking Inside for Competitive Advantage<Tab/>
Category: /Business & Economy/Management
Details: Words: 1614 | Pages: 6 (approximately 235 words/page)
Looking Inside for Competitive Advantage<Tab/>
Category: /Business & Economy/Management
Details: Words: 1614 | Pages: 6 (approximately 235 words/page)
What do we look for in order to attain competitive advantage? Where will we look? How will we find it? Well, there are a lot of questions that could be asked so that we can source out a firm's competitive advantage. Several things are needs to be assessed, evaluated and decided on in order to formulate a firm's competitive advantage. For Jay Barney, the author of Looking inside for competitive advantage, a company's competitive advantage
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strategy or when competitors lack the confidence to attempt imitation. Thus by carefully weighing each resource and capability to which is more suitable as a competence for the company and by innovating it to become valuable, rare, hard to imitate, non-substitutable and a formation of a well structured organization, we will not only attain competitive advantages but a well sustained competitive advantage that will endure to the generations to come.&lt;Tab/&gt;