Polaroid Had a Unique Competitive Advantage for Many Years Until

question 177

True/False

Polaroid had a unique competitive advantage for many years until it forgot to observe competitive intelligence. The firm went bankrupt when people began taking digital pictures. Polaroid provides a great example of Porter's supplier power.

---

Definitions:

Allergic To Cocoa

refers to having an adverse immune response to cocoa beans or products containing cocoa, leading to allergic reactions.

Target Markets

Specific groups of potential customers identified by companies as most likely to purchase their products or services.

Distinctive Point

A unique or distinguishing feature that sets something apart from similar entities.

Prototype

An initial model or sample of a product built to test a concept or process or to act as a thing to be replicated or learned from.