Imitating a rival's competitive advantage requires the company to first identify the rival's competitive advantage.

Question

Quizplus · Accepted Answer

In order to imitate a rival's competitive advantage, a company must first identify what exactly the competitive advantage is. This requires research and analysis to determine what the rival is doing differently or better than others. Only then can the company attempt to copy or improve upon the advantage.

Imitating a Rival's Competitive Advantage Requires the Company to First