Maintaining Competitive Advantage In the Most Efficient and Effective Marketplace Possible, All Stakeholders

question 50

Essay

Maintaining competitive advantage
In the most efficient and effective marketplace possible, all stakeholders would have equal access to all relevant information. However, a company may feel that complete disclosure may hurt their competitive advantage or position. Offer an example of a circumstance where this may be the case. What do you think the company should do?

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Definitions:

Vertical Communication

The process of information flow between different levels of an organization, both upwards from subordinates to superiors and downwards from superiors to subordinates.

Failures of Substance

Situations or outcomes where the actual performance or result significantly deviates from the intended or expected one, often negatively.

Poor Analysis

Inadequate or faulty examination and evaluation of data or information, leading to incorrect conclusions or understanding.

Strategy Selection

The process of deciding on a specific course of action or plan to address a particular problem or to achieve a desired goal.