The strengths and weaknesses of firms are described as 4, Ask an Expert

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The strengths and weaknesses of firms are described as 4 dimensions of competitive advantage. They are: Efficiency Quality, Innovation Responsiveness to Customers.

1) Think about your favorite sports team. Which of the four dimensions of competitive advantage does it use to perform at a high level? Make sure you give examples. Next, discuss what aspects of its competitive advantage that might be imitated by rivals? What aspects cannot be imitated or are very difficult to imitate? Why is that the case?

2) What resources and personal traits give you competitive advantage (you may use career or life to answer this question)? What might you do to strengthen those advantages?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92489779

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