Explain the sustainability of strategic change concepts in, Ask an Expert

Management Studies

Explain the Sustainability of Strategic Change concepts in detail and how they benefit the company?

Valuable- when a firm mitigates threats and capitalizes on its opportunities. Rare- characteristics and abilities that are unique and held by no other companies. Costly-to-Imitate - the characteristics are so unique and valuable that competitors cannot afford to duplicate. No substitutable - no strategic equivalent possible.

Each of these criteria must be met to maintain sustainability and these core competencies must be valuable and unique from a customer's point of view, why is this use a practical real-world example?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92464784

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