The Competitive Advantage of Greece: An Application of Porter's

competitive advantage  Competitive advantage refers to the attributes that allow a company to outperform its competitors These advantages can include access to natural resources, A firm is said to have a sustained competitive advantage when it is implementing a value-creating strategy not simultaneously being implemented by any current

To sustain competitive advantage, companies need to continuously innovate, invest in research and development, and stay attuned to market trends Where the information technology used in a company's value chain is sensitive to scale, a company may improve its overall competitive advantage by increasing

An advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and better servicing A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location,