Question.5409 - A company achieves a competitive advantage when it has an edge over competitors in attracting buyers and maximizing profitability. For this discussion: Evaluate the competitive strategy of one of the following company’s products Apple, Tesla, or Walmart. What is their competitive advantage and how does that garner buyer interest? Suggest a counterstrategy a competitor might use to combat the competitive advantage of the company you assessed. Be sure not to duplicate the competitive advantage, rather consider a different tactic to attract consumers in the market.
Answer Below:
I decided to look at Tesla because it has a very unique strategy compared to other car companies. Tesla’s biggest advantage is that it focuses only on...
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