- This topic has 2 replies, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
They have asked about the competitive advantage if i answer it using porters five forces is it wrong ques based on NCCP march 2021
The trouble with 5 Forces is that the analysis applies to whole industries, not individual companies. Having said that, you could point out how the company might do better than others by competing more successfully or erecting barriers to entry by creating economies of scale.
Usually, when competitive advantage is being talked about the approach is via the generic strategies.
what do they expect when they say competitive advantage how we should struture the ans