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Disadvantages Of Sustainable Competitive Advantage

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1. What is Sustainable Competitive Advantage (SCA)? Competitive Advantage refers to the situation when a particular company consistently does better than the other companies in the same industry in terms of either its’ ability to produce the same good more profitably or earn higher profits compared to the competitors for a longer period of time. It is a powerful concept where companies try and fetch as many competitive advantages as possible. Those companies which succeed in maintaining this competitive advantage for a long period of time are said to have Sustainable Competitive Advantage. Now in terms of the TV Series “The Men Who Built America”, it is clearly seen that all the individuals who were the reason for the birth and growth of the modern day America were men of great calibre and courage. They saw opportunity in every failure or risk and capitalised over it. This was the main reason they could build massive empires and earn the kind of power they had. Cornelius Vanderbilt knew that in times to come, there would be need to transfer goods from one place to another, for which infrastructure would be needed. He decided to be the provider for that means of communication. He sells all his ship and invests in Railways, because he sees future in it and believes that this would reduce travel time …show more content…

A business can create a sustainable competitive advantage by gaining control over the resources which are either valuable and rare or not substitutable. By this, the producer has an advantage that no other competitor can produce what it produces. The environment also consists of the business government interface; therefore it is important for the leaders in power to support the businessmen. Social conditions are also vital, so the rights of the labourers also have to be kept in mind. Therefore the right environment is of utmost importance for being ahead of all competition in

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