The Text Describes Southwest Airlines,which Operates in a Competitive Market

question 6

Essay

The text describes Southwest Airlines,which operates in a competitive market but successfully differentiates itself from the competition.This gives Southwest a sustainable competitive advantage.What is a sustainable competitive advantage? Describe an example of a product or business you have encountered that has developed sustainable competitive advantage.Why is that product's or firm's advantage sustainable?

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Definitions:

Dry Rot

A form of wood decay caused by fungi, leading to the wood becoming brittle and crumbly, often occurring in damp or poorly ventilated areas.

Auxiliary Supported Run-Flat

A type of run-flat tire design that includes additional support structures to allow a vehicle to continue driving at reduced speeds even after the tire has lost all air pressure.

Self-Supporting Run-Flat

A tire design that allows a vehicle to continue to be driven for a limited distance with no air pressure due to reinforced sidewalls.

Support Ring

A ring-shaped component used to reinforce or secure the position of another part within a system.