The Irony and Paradox of the Hypercompetition Framework Is That

question 23

Essay

The irony and paradox of the hypercompetition framework is that, in order to achieve a sustainable advantage, companies must seek a series of "unsustainable" advantages.Explain this statement using dynamic strategic interaction sequence.

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Definitions:

Adjusting Entry

An accounting entry made in the general ledger at the end of an accounting period to allocate income and expenditure to the correct periods.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to usage, wear and tear, or obsolescence.

Office Equipment

Tangible assets such as desks, computers, and printers used in the operations of an office.

Production Equipment

Tools or machinery used in the manufacturing process to create products.