In situations where it is relatively easy for rivals to readily duplicate the successful features of a company's product or quickly imitate its maneuvers in the marketplace to boost sales, the only dependable path to durable competitive advantage is to Copyright by Go-Bus Software ine Copying drugor 3rd party website posting sexpressly prohibited and consules copyright violation O outexecute copycat rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities either with greater cost efficiency or with greater differentiating effectiveness. O do a better job of empowering employees and flattening the organization structure. O shift to a-stratégy requiring different skills, competitive capabilities, and operating methods. outcompete them by investing heavily in R&D to try to discover ways to build competencies and capabilities faster and cheaper than rivals. O outcompete them by lowering the cost of performing its value chain activities and charging a lower price than rivals are able to charge.

In situations where it is relatively easy for rivals to readily duplicate the successful features of a company's product or quickly imitate its maneuvers in the marketplace to boost sales, the only dependable path to durable competitive advantage is to Copyright by Go-Bus Software ine Copying drugor 3rd party website posting sexpressly prohibited and consules copyright violation O outexecute copycat rivals by developing a collection of resources and capabilities that enables the company to perform certain important value chain activities either with greater cost efficiency or with greater differentiating effectiveness. O do a better job of empowering employees and flattening the organization structure. O shift to a-stratégy requiring different skills, competitive capabilities, and operating methods. outcompete them by investing heavily in R&D to try to discover ways to build competencies and capabilities faster and cheaper than rivals. O outcompete them by lowering the cost of performing its value chain activities and charging a lower price than rivals are able to charge.

Principles of Microeconomics (MindTap Course List)

8th Edition

ISBN:9781305971493

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Oligopoly

Section: Chapter Questions

Problem 9PA

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