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Published byAlison Rose Bryan Modified over 9 years ago
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2.02c Identify Product’s/Services’ Competitive Advantage
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Competitive Advantage
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Sources that provide Businesses with a Competitive Edge
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Types of Competitive Advantages
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Positional Competitive Advantage
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Resource-based Competitive Advantage
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Facts that provide businesses with resourse-based competitve adbantage Capabilities Resources
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Factors that affet the amount of competition in an industry
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Factors that effect the type of competition in an industry
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Impact of strategic groups on competitive advantage
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Procedures for identifying a product/service competitive advantage
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Activity 2.02c View the YouTube video “How to Develop Competitive Advantage” (http://www.youtube.com/watch?v=S9O2oPbT3fs&feature =related) and discuss the concept of competitive advantage with students.http://www.youtube.com/watch?v=S9O2oPbT3fs&feature =related Read the article and listing of company attributes found at http://brandingbasics.net/?q=node/10. http://brandingbasics.net/?q=node/10 Review the listing and identify his/her product’s/service’s possible sources of competitive advantage. Discuss his/her product’s/service’s competitive advantage with a classmate, make changes based on the classmate’s input, and insert the information into his/her VIP portfolio.
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