Management (14th Edition)
14th Edition
ISBN: 9780134527604
Author: Stephen P. Robbins, Mary A. Coulter
Publisher: PEARSON
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Question
Chapter 9, Problem 16DQ
Summary Introduction
To explain:
The competitive advantage that Company Z is pursuing along with the methods the company Z is using to utilize competitive advantage.
Introduction:
Competitive advantages are the situations that allow an organization or a country to produce goods and services having an equal value at a lower price. Such situations allow the production system to produce more sales at superior margins as compared to its competitors.
The competitive advantage that the company Z is pursuing is their beliefs in fast fashion, which means company Z change their product’s design according to the new trends and the demand of the customers. Competitive advantagesare what makesthe company different from others.
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