Discuss the phases associated with transient advantage

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Questions: This week, we make the shift to Marketing Principle 3, which deals with developing sustainable competitive advantage. We have two readings this week that will form the basis for our summary questions. McGrath (2013) suggests that perhaps a sustainable competitive advantage isn't attainable in a modern economy, as customers and competitors are too unpredictable, and the emergence of a "flat" world and increased globalization. She instead argues for a company to focus on a "transient" advantage and outlines what that is and how that works. The second reading for the week is the Environmental Philosophy chapter in Let My People Go Surfing. This chapter deals with the approach that Patagonia takes towards the environment and speaks to how they have tried to leverage this as a competitive advantage. What is a transient advantage, and how is it different from a sustainable competitive advantage?

1. Discuss the phases associated with transient advantage.

2. Critique your current organization. Would you consider it to be capableof coping with transient advantage? Or is your organization focused on extending existingadvantages?

3. How does Patagonia's commitment to the environment serve as part of their competitiveadvantage? Give examples from the chapter.

Reference no: EM133605930

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