Assignment
Read the following readings first, and then answer the questions below.
• Barney, J. (1995), Looking inside for competitive advantage, Academy of Management Executive, 9(4), 49-61.
• Competitive Advantage. Cambridge Dictionary.
• Competitive Advantage. Strategic Management Insights.
Questions to answer: (answers must be based on the reading no outside sources, must be professional answer and on point)
1. What is competitive advantage?
2. What are the two types of sources of competitive advantage? Give examples for each.
3. According to Porter, how can a competitive advantage be achieved?
4. According to Barney, what conditions make resources a source of competitive advantage?