In practice, competitive advantage depends on six major strategic resources: finan people, supplies, information, location, sponsorship. Western firms operating in Pacific are at a relative disadvantage as regards all six, particularly people information. Developing these resources requires continuous efforts: forming links schools and universities, financing scholarships, sponsoring social and cultural e cultivating relationships with journalists, lobbying, compiling and updating intelli reports... All these cost money; the returns are difficult to estimate, but they are su take a long time.
Developing resources : Resource based and Market based article from Resource Management Catagory Developing resources
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