Monday, July 29, 2019

Bussiness essay Example | Topics and Well Written Essays - 250 words

Bussiness - Essay Example Chuodhury & Galeta (1998) provided seven goals for achieving competitive advantage. A great example of a company that has managed to sustain competitive advantage in while using the seven goals framework is Google, the search engine. There are quite a number of search engines to date yet Google has managed to stand out as the best. It successfully managed to hold off at least for a significant amount of time the entry of other search entries into the market. Which is often the quickest way to achieve competitive advantage, ensure uniqueness of a brand and hold off competition long enough to establish and renew a company. 2. Considering that Google was among the first search engines to effectively exist, it has established a reliable customer base which is yet another way to achieve competitive advantage. It has also managed to change appropriately to cater to the customers’ needs and wants. Google has further made an attempt to always offer more services and products like new web applications and recently advertising services. Despite the numerous entries into e-commerce and the numerous entries into similar businesses it is still highly possible for companies to achieve competitive advantage. Creating a unique niche is always the fastest way to do so yet upon the availability of similar fields within a certain niche use of strategy will ensure acquisition of competitive advantage as

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