MGT300-CHAPTER 2
CHAPTER 2 : IDENTIFYING COMPETITIVE ADVANTAGE INTRODUCTION What is competitive advantages? A product or services that an organizations customers place a greater value on that similar offerings from a competitors. Unfortunately , CA is temporary because competitors keep duplicate the strategy. Then, the company should start the new competitive advantage. Michael Porter's Five Forces Model is useful tools to aid organization in challenging decision whether to join a new industry or industry segment. FIVE FORCES MODEL Buyer power Supplier power Threat of substitute product or services Threats of new entrants Rivalry among existing companies ...