Competitive advantage gaining

Improvements in safety and health in the future are likely to come as a result of greater awareness of the cost effectiveness of a safe workplace and the competitive advantage gained from a safe and healthy workforce. 

The three main sources of competitive advantage in the manufacture of high value protein products are first to market, high product quaUty, and low cost (3). The first company to market a new protein biopharmaceutical, and the first to gain patent protection, enjoys a substantial advantage. The second company to enter the market may find itself enjoying only one-tenth of the sales. In the absence of patent protection, product differentiation becomes very important. Differentiation reflects a product that is purer, more active, or has a greater lot-to-lot consistency. 

Competitive advantages. By taking advantage of the many benefits associated with pollution prevention, businesses can gain a competitive edge. 

Identify areas where we can gain a competitive advantage. 

We could gain a competitive advantage by reducing downtime. 

The SWOT and VIRO analyses shown in Tables 12.5-1 12.5-2 were conduct to better understand the strengths and weaknesses of the product and available resources needed for the success of the enterprise. SWOT analysis of competitors was also carried out to identify areas where the product can gain competitive advantage. 

J. A. Trainham, "Modeling A Strategic Tool for Gaining Competitive Advantage", A.spenWorld Conference, Boston, Mass., Nov. 7,1994. 

So the strategy of differentiation on the basis of quality is less of an issue than it was only a few years ago. It is likely that, in due course, some companies will also use the ISO 14000 environmental programs, primarily as a means of gaining competitive advantage. 

So how will the biobased economy actually happen Erickson believes that radically new business models will appear that challenge traditional companies, but unique opportunities for the fast movers will be created. Companies that are early adopters of industrial biotech will gain a competitive advantage in the marketplace, said Erickson. 

All four theories are plausible, but each has different impHcations for what companies might do to gain competitive advantage in a cycHcal commodity industry. It would therefore clearly be helpful to know which (if any) of these effects has a dominant influence on the volatility of prices and margins. We built a business dynamics model to attempt to find out... 

So if cyclicality is here to stay, the big question for managers in the chemical industry is can an individual company manage it to gain competitive advantage To look for possible answers, we used an expanded version of the business dynamics model of a cyclical business to explore how returns might be improved through active cycle management. 

Viewed through this lens, innovative activity focused on opportunities for new markets in sustainably designed products presents the chemical industry, and the industries it supplies, with potentially enormous entrepreneurial opportunities. As feedstock providers, chemical companies have the opportunity to shape new competitive space in the near future. They can differentiate their products and strategies in ways that will gain future competitive advantage over those who fail to react. In... 

Traditionally, environmental compliance and social welfare expenditures have been viewed as costs that correlate negatively with returns. However, recent studies suggest that there are several opportunities for competitive advantage and increased profits to be gained by strategic sustainability initiatives (Reinhardt, 1999). 

The chief recourse for Australian companies that believe that their competitors are using advertising to gain an unfair competitive advantage is the Trade Practices Act. 

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