Question: Developing a Competitive Advantage Porter's Five Forces Model is a well-known approach to developing a sustainable competitive advantage. We learn from both success and failure.
Developing a Competitive Advantage
Porter's Five Forces Model is a well-known approach to developing a sustainable competitive advantage.
We learn from both success and failure. Choose a company that has either succeeded at gaining a competitive advantage from the customer's perspective, or a company that has failed at gaining a competitive advantage from the customer's perspective. Analyze their success or failure and identify key decisions that led to those outcomes.
In your response to your classmates posts, pose a different reason for why the company was able to create a competitive advantage or why they were unsuccessful in their efforts. Compare your findings; which decisions or factors appear to be the most significant and how do they relate to Porters model?
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