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Why Are the Capabilities Needed to Build a Sustainable Competitive

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Essay

Why are the capabilities needed to build a sustainable competitive advantage so important to a winning business strategy? Cite one of the company examples in the chapter to illustrate your answer.


Definitions:

Business Issues

Challenges and obstacles that affect the operation, growth, and survival of businesses.

Social Consequence

The impact of an action or decision on society, including effects on norms, behaviors, and the well-being of community members.

Social Purpose

Refers to the intention of an organization or initiative to contribute positively to society beyond the primary objective of making profit.

Social Entrepreneurs

Individuals who pursue innovative solutions to social problems with the aim to create social value and positive change.

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