Essentials of MIS (13th Edition)
Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
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Chapter 3, Problem 5DQ

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Nonexistence of the sustainable competitive advantage:

  • The statement that is given “There is no such thing as a competitive advantage” is considered to be true.
  • A gain that is obatained with the advantage of the competition is called as sustainable competitive advantage.
  • When a product is being developed continuously with the new resources along with the change that is obtained with the market then it is called as sustainable competitive advantage.
  • Maintaing this kind of sustainable advantage in the competition word is difficult to obtain...

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General Motors' approach for gaining a competitive edge may be identified and defended using Michael Porter's framework for competitive advantages.
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