Figure 1.11 Difference between resources, competitive advantage and sustainable competitive advantage
Sustainable Competitive Advantage
Sustainable competitive advantages are a set of assets, characteristics, or capabilities that allows an organization to meet its customer needs better than its competition can.
Figure 1.14 Examples of Competitive Advantages
Case Studies
Watch the following video to gain more insight into the meaning of a sustainable competitive advantage:
Tasks
While working through this example, prepare your own Sustainable Competitive Advantage in the appendix at the end of this module.