What does it mean for a company to have a sustainable
competitive advantage? Provide examples of two companies that in
your opinion have a sustainable competitive advantage.
Describe the circumstances under which a firm chooses a low-cost
strategy to attain sustainable competitive advantage. What about
the situations when a differentiation strategy is chosen? Provide
specific real world examples.
1. How does first-mover advantage lead into a sustainable
competitive advantage?
2. Where does the Austrian Trade Cycle Theory fit into
first-mover advantage?
3. How does efficiency impact collusion?
1. How does first-mover advantage lead into a sustainable
competitive advantage?
2. Where does the Austrian Trade Cycle Theory fit into
first-mover advantage?
3. How does efficiency impact collusion?