ADVANTAGES of being Competitive & Addressing Environmental Changes
In 4 -5 pages written in competent college level content regarding the topic of strategic marketing concepts, answer the two questions that compares competitive advantages like Walmart vs Amazon?
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Bottom of FormThe concept of competitive advantage is probably the most important factor for any company. By competitive advantage, we mean the factors that differentiate a company from its competitors. Moreover, also important is whether a company’s competitive advantage is sustainable. By “sustainable” we mean whether a company will keep this advantage in the future or it will lose it.
Think of examples of 2 companies and try to identify their competitive advantage. Reflect on whether this competitive advantage is sustainable or the company is in danger of losing it in the future.
- Environmental Change in four to five relevant pages, that are competent and stay on topic to fully answer the question completely and totally?
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Reflect on changes in the world environment and how these changes may impact companies (by environment, we mean changes in the economy, social, technological, political, or legal changes.
Think of a change in one of these environments (economic, technological, political, or legal) and how that specific change has impacted a specific company? This impact could be positive or negative.
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