Business & Management

    In my earlier post, we have discussed in detail the competitive advantage, we have discussed the definition, types, and how to identify the competitive advantage of your business. All business managers know that gaining a competitive advantage is not the only destination. Businesses have to make sure that their competitive advantage should not be replicate and imitate easily. Core Competence The question is not only to define and gain the competitive advantage but how to maintain it for a long time and turn it into a sustainable competitive advantage. Business managers drive the strategies in with accordance the resources and capabilities of the business to gain a competitive advantage. If these strategies continue to be successful for a long period, the competitive advantage can become a sustainable completive advantage. And if they take necessary and regular actions to further strengthen the sustainable competitive advantage, it will become difficult, if not impossible, fo