Overview of Sources of Competitive Advantage

Definition:

Most strategies are intended to maximize the value created for the stakeholders. This is most often done by maximizing the profits of the company. There are two primary generic strategies to maximize profits: Low-cost provider and differentiated provider.

Uses:

Limitations:

Step-by-Step Process:

Template for Capturing Data:

Output Representation and Recommendations:

The template is a great summary of the competitive advantage. It can be used as part of a larger PowerPoint that lists the sources of advantage and disadvantage in the industry.

Examples:

Additional Resources:

This content is provided to you freely by Ensign College.

Access it online or download it at https://ensign.edtechbooks.org/projectbased_internships/overview_of_sources_of_competitive_advantage.