What other strategies could Mcdonald's formulate to achieve a competitive advantage?
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| Moreover, this categorization makes identification of key sources of competitive advantage explicit. | |
52 Citations | They can create, sustain and use competitive advantage through strategic management. |
| In adopting these approaches, the probability of achieving competitive advantage is heightened. | |
52 Citations | Organizations can formulate strategies that their implementation results in sustainable competitive advantage. |
53 Citations | Research limitations/implications This paper offers directors/managers a deeper understanding of the factors necessary to promote competitive advantage in their firms. |
| Regularly applying the approach over time can also yield built-in measures for evaluating the success of previously implemented competitive advantage strategies. | |
31 Citations | McDonald's training methods augur well for the future in Russia. |
| The firm can then translate the strategic resources into a competitive marketing advantage, which leads in turn to superior financial performance. | |
53 Citations | This has both theoretical and practical consequences for managing toward competitive advantage and requires a new approach to management, control, and organization. |
33 Citations | Firms can use these strategies to construct and sustain competitive advantages. |
01 Jan 2021 27 Citations | Competitive strategies as a Strategic Competitiveness dimension has an important and positive impact on competitive advantage at a 5% level, according to the findings. |
116 Citations | Since strategy is defined as the ability to gain an advantage, a cross‐sectional study of industry conditions can show the constraints on such a strategy, but is far less useful in defining how to achieve and sustain a competitive advantage. |
140 Citations | Performance significantly and positively influences the competitive advantage. |
| (4, p. 2) Its unprecedented growth is due largely to its successful use of franchisee entrepreneurs to promote the McDonald's product. | |
38 Citations | Complex competitive advantage conditions contribute indirectly to high performance outcomes. |
53 Citations | Practical implications This paper offers CEOs/managers a deeper understanding of the necessary factors needed to promote competitive advantage in their firms. |
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