Comparative and Competitive Advantages of Volvo - Case Study Example

ACHIEVING SUSTAINABLE competitive ADVANTAGE IS ABOUT COMPETING WITH OTHER COMPANIES.... By Lecturer: Institution of Affiliation: City and State: Date: Achieving Sustainable competitive Advantage Is About Competing With Other Companies.... Introduction Globilisation, which has been aided by rapid technology advancement, has tremendously shaped the way companies are performing business activities in the global competitive market.... International companies have now implemented an international strategy that can enable them to achieve sustainable competitive advantage in the global competitive markets....

"Laws of comparative Advantage" paper discusses the law of comparative advantage theory by David Ricardo.... The theory of comparative advantage was formulated by English economist David Ricardo in the early nineteenth century1.... he theory of comparative advantage, of course, argues that unrestricted exchange between countries will increase the total amount of world output if each country tends to specialize in those goods that it can produce at a relatively lower cost compared to potential trading partners....

There are two main advantages in forming alliances.... The author examines a corporate strategic alliance and why would a company want to develop one.... The author also evaluates Dell's tangible and intangible resources and describe the three types of strategic alliances and the reasons why companies develop them....

Hill (2001) noted that one of the advantages of a strategic alliance is that it enables a firm to gain access to a foreign market.... Firms set up strategic alliances in order to gain competitive advantage and may prefer it over outright acquisition because they are unable to for lack of financing or by reason of national barriers.... Americans may lose their competitive advantage if they give the Japanese access to new inventions and advanced technology and if they provide sales and distribution networks in the United States for the resulting products....

Hence factors that constitute advantage are created by nations rather than inherited and competitive advantage of nations depends on the extent they create factors.... Today Japan's Toyota and Honda compete favourably with England's Land Rover, German's Mercedes Benz, Sweden's volvo and US Ford.... This paper under the headline 'The Four Attributes of Michael Porter's Diamond of National competitive Advantage" focuses on the fact that inventors of early technologies used for the commercial production of first cars, televisions or pianos were not Japanese....

In Porter's models of competitive advantages, the success depends in overcoming the disadvantages and build on the comparative advantages (Jasimuddin, 2001).... Firms are realigning their competitive strategies while trying to maintain or increase their competitive advantages (Jung, Wang & Wu, 2009).... Porter (1989, 1986) had proposed two distinct strategies – cost leadership and differentiation – that could lead the firms towards sustained competitive....

ith unprecedented change in the demand and supply patterns of production pathways all over the world, analysis of production chains is very relevant to develop a competitive edge from an organizational point of view.... In this essay, the case of Ford Motor Company has been analyzed to draw comparative inferences using both the sector matrix and commodity chain frameworks.... It is needless to say that businesses nowadays are interconnected and knowing the product market is just not enough to gain a comparative advantage....

The paper "Porter's Model of National competitive Advantage" is an outstanding example of a management literature review.... The paper "Porter's Model of National competitive Advantage" is an outstanding example of a management literature review.... The paper "Porter's Model of National competitive Advantage" is an outstanding example of a management literature review.... Consequently, it had been very difficult to find out ways of measuring the competitive ability of different countries....