Corporate Competitive Advantages
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From the Paper:"Introduction
What determines the level of profit that a company is able to make in a particular industry? From an economic standpoint, the answer is simply supply and demand; in the "real-world," it is necessary to understand what drives supply and demand and how companies can take advantage of the competitive environment. Companies compete against other producers of the same goods and services, against producers of substitute goods and services, against potential competitors, against each other for buyers and suppliers. These factors shape the nature of competition within a particular industry. This research examines the work of Michael Porter and how understanding the competitive environment can give a company a competitive advantage."
Cite this Research Paper:
Corporate Competitive Advantages (2003, February 21) Retrieved April 19, 2021, from https://www.academon.com/research-paper/corporate-competitive-advantages-13883/
"Corporate Competitive Advantages" 21 February 2003. Web. 19 April. 2021. <https://www.academon.com/research-paper/corporate-competitive-advantages-13883/>