Assess your knowledge of the competitive advantage concept

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Assessment Name

The purpose of this assessment is to assess your knowledge of the competitive advantage concept. You will be required to write an essay addressing the following questions:

To gain a competitive advantage a business must have a good strategy and a strategic process. Do you think organisations face challenges in trying to develop and implement a strategy in the modern competitive environment?

In answering these questions, connect your organisational examples to 3 theories below:

Industry/Organisational theory(Five forces)

Resource-Based View theory
AND

Disruptive innovation
*The organisation given is Netflix. Analyse their strategy & the challenges they face(d) when developing &/or implementing their strategic process.
Details:

This question must be answered i n ssay format, with
an introduction, body, and conclusion. There is no requirement for a table of contents for the essay, but page numbers must be included.The text must be in 12-point font with double-line spacing.

*Subheadings suggested.

Examples are encouraged and should be used to
support your answers. A minimum of three (3)
academic references (not including textbook).

Use Harvard referencing

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